Franklin Templeton picks Asia chief for merged group
A long-serving Franklin Templeton executive will lead the combined entity in the region once the Legg Mason acquisition is complete. But the appointee has come as a surprise to some.
Franklin Templeton Investments, which is acquiring rival US fund house Legg Mason, has chosen long-serving executive Vivek Kudva to lead the combined group’s Asia operation, with the merger expected to complete by early August.
Mark Browning, Franklin Templeton’s current head of Asia (excluding India), will leave the company on December 31 after working in an advisory capacity through the transition period starting when the transaction closes, AsianInvestor can also reveal. He wil…
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