Zurich-based asset manager GAM has hired a new chief financial officer to assist with its plans to streamline and acquire new businesses.

Richard McNamara is currently managing director of finance at Henderson Group, which he joined in 2009. During his time with the firm, he has helped with the integration of a range of acquisitions, including UK-based boutique Gartmore Group in 2011 and US-based Northern Pines Capital in 2013.