Northern Trust has named longtime BlackRock executive Daniel Gamba as the new president of Northern Trust Asset Management, effective April 3. He will join Northern Trust's management group and report to CEO Michael O'Grady.
Former Northern Trust Asset Management President Shundrawn Thomas left the company last year to found an investment firm providing capital to middle-market companies.
Gamba joins Northern Trust from BlackRock, where he spent 22 years and served as co-head of fundamental equities and as a member of BlackRock's global operating, portfolio management group executive and human capital committees.
Gamba has broad-based global experiences across fundamental active, systematic and index products, and has led investment, distribution and product teams with a record of driving businesses through growth and change, Northern Trust said. He is also the founder and co-chair of Somos Latinx & Allies Network at BlackRock.