Franklin Templeton has appointed Daniel Gamba as its new chief commercial officer.
Gamba, who is based in New York, will be tasked with overseeing global sales, marketing and product strategy, and report to the firm’s CEO, Jenny Johnson.
He will also join the company’s executive committee when he starts as CCO on 15 October.
Gamba, alongside head of public market investments Terrence Murphy and chief financial and operating officer Matthew Nicholls, will become co-presidents.
Together, they will work with Johnson and the board of directors to execute the company’s long-term strategic plans.
“I’m excited Daniel has joined our firm in this pivotal role at a time when we are seeing growth across our business,” said Johnson.
“Daniel is a widely respected industry leader and brings extensive experience, which includes work across various geographies and asset classes, including public and private markets.
“Throughout his more than 25 years in the asset management business, he has become a trusted partner to clients in all segments across our industry.
“Daniel’s expertise aligns perfectly with our mission, culture and future ahead, and I’m confident that under his leadership, we will further strengthen sales, marketing, product development and customer experience to deliver the best possible investment outcomes for our clients.”
“This is the right time for me to join Franklin Templeton and support its journey in becoming the world’s leading asset manager to help clients navigate current and future investment needs,” said Gamba.
“The firm has built one of the most diverse and innovative offerings in the industry, and is making very exciting progress around the world, including recent developments in key segments in both public and private markets, and digital assets.
“I’m looking forward to working with Jenny, Matthew and Terrence and the rest of the leadership team to support the acceleration of that progress.”
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Gamba succeeds Adam Spector, who has become CEO of Fiduciary Trust International.
He joins Franklin Templeton from Northern Trust, where he served as president of its $1.3trn asset management business.
There, he was responsible for investment performance, talent development, business strategy, products, clients and operations.
Prior to that, Gamba spent more than two decades at BlackRock, where he led investments and research, distribution and product teams.
Originally from Peru, he completed a bachelor’s degree in industrial engineering from Catholic University in Peru and an MBA in finance and economics from Northwestern University’s Kellogg School of Management.
Gamba is a CFA charter holder and past chair of the board of governors of the CFA Institute.
Over the past few years, Franklin Templeton has accelerated its efforts to provide diverse investment capabilities across a broad range of clients around the world.
Through both organic growth and targeted acquisitions, the company has continued its evolution to benefit clients.
These capabilities have included alternative assets, ETFs, customisation through Canvas and additional capabilities in the retirement and insurance sectors.
