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GAM Holdings loses chief economist; Rosbank makes board appointments

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GAM Holdings loses chief economist; Rosbank makes board appointments

S&P Global Market Intelligence presents a daily roundup of management and board changes at financial institutions in Europe. This feature excludes C-level leadership changes and previously reported stories.

GAM Holding

GAM Holding AG executive Larry Hatheway will leave the firm at the end of 2019 to pursue outside opportunities, finews.com reported, citing a memorandum sent to staff.

Hatheway is the Swiss asset manager's chief economist for private clients, charities, multi asset and alternative investments solutions teams, the newswire said.

Kier Boley will handle the alternatives and private clients part of Hatheway's job. Meanwhile, Andrea Quapp and Julian Howard will run the multi asset class team in Zurich and London, respectively, according to the report.

Rosbank

Société Générale SA's Russian unit PJSC Rosbank appointed Maria Ruseva as the first deputy chairperson of its management board — replacing Andre Marc Prudent-Toccanier who is retiring Aug. 30.

Ruseva will oversee finances, risk management, legal, financial monitoring, compliance, procurement and several other areas.

Rosbank's board of directors also initiated the process of appointing Aleksey Lola as member of the management board responsible for retail business. This appointment will take effect upon approval by the Russian central bank. Lola will replace management board First Deputy Chairman Arnaud Denis, who decided to pursue professional opportunities outside the group.

Maxim Lukyanovich, who serves as head of Rosbank's small business department as well as its network and sales development department, will be appointed Lola's deputy.