California-headquartered investment manager Franklin Templeton makes senior appointments, with a view to future strategy and sales of its products.

Franklin Templeton has appointed Daniel Gamba (pictured) as chief commercial officer, overseeing global sales, marketing and product strategy, effective October 15, based in New York City.

Gamba, who will report to Jenny Johnson, chief executive officer of Franklin Templeton, will join the company’s executive committee. In addition, the company announced that Gamba, Terrence Murphy, head of public market investments, and Matthew Nicholls, chief financial and operating officer, will become co-presidents, effective October 15. Together, the co-presidents will work with Johnson and the board of directors to execute the long-term plans of the company, the firm said in a statement. 

Gamba will be succeeding Adam Spector who is the new CEO of Fiduciary Trust International. Gamba will be joining from Northern Trust, where he served as president of its $1.3 trillion asset management business, leading a turnaround that created organic growth, improved margins and accelerated innovation across public and private markets, the firm continued. He was responsible for investment performance, talent development, business strategy, products, clients and operations. Before that, Gamba spent more than two decades at BlackRock where he led investments, research, distribution and product teams.

Originally from Peru, he completed a bachelor’s degree in industrial engineering from the Catholic University in Peru and an MBA in finance and economics from Northwestern University’s Kellogg School of Management where he is a member of Kellogg’s Global Advisory Board. Gamba is a CFA® charter holder and past chair of the board of governors of the CFA Institute.

“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,” said Johnson. “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.”

Over the past few years, Franklin Templeton said it has increased its efforts to provide investment capabilities for a range of clients around the world.