Northern Trust Asset Management fills president vacancy with BlackRock veteran

Nearly nine months after the departure of Shundrawn Thomas as president of Northern Trust Asset Management, the $1.2 trillion asset manager announced Thursday that Daniel Gamba is its new president.

Gamba, who will step into the new role on April 3, joins 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 and human capital committees.

Gamba will join Northern Trust’s management group and report to Chief Executive Michael O’Grady.

“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 in a statement.

“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,” O’Grady continued.

Related Topics: BlackRock, Northern Trust Asset Management, Shundrawn Thomas