The Financial Times has appointed Gavin Daly Financial Publishing Director, responsible for financial advertising, content and event revenues across print and online products. He will take up his new role with immediate effect and remain based in New York.

Daly is currently Executive Editor and Co-Managing Director at Money-Media, the US-based market leader in online news and commentary on the fund management sector that was acquired by the FT in January 2008. Under his editorial direction, publications including Agenda, BoardIQ, FundFire, Ignites, Ignites Europe and Ignites Asia have averaged more than 90 per cent renewal rates for each of the past six years. Daly’s portfolio also includes The Outstanding Directors Exchange conference series for board directors. He was part of the executive team that sold Money-Media to the FT.

Daly succeeds Mark Cunnington, who has joined Pearson Education as its Managing Director in Southern Africa.

David Blanke, currently Co-Managing Director and CFO at Money-Media, will take over full management of Money-Media’s operations as its sole Managing Director.

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