Northern Trust Taps New Asset Management President From BlackRock

News February 09, 2023 at 02:17 PM
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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.

"Daniel has a unique set of experiences well suited for the continued growth of Northern Trust Asset Management, with a track record of delivering strong results," O'Grady said. "I am confident that under Daniel's leadership, working in close collaboration with NTAM's executive team and his partners on Northern Trust's Management Group, our business will continue to grow and deliver best-in-class investment solutions and services to our clients."

Gamba is the past chair of the board of governors for the CFA Institute, the 190,000-global-member association that serves investment management professionals, and served as a board director for the Council of Urban Professionals, which aims to connect and mobilize the next generation of diverse business and civic leaders.

He earned a bachelor's degree in industrial engineering from Pontificia Universidad Católica del Perú and a master's degree in finance and economics from Northwestern University's Kellogg School of Management.

(Pictured: Daniel Gamba)

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