July 16, 2012
--- Andrew Ashton
and Dennis Rothe were appointed to new roles in Franklin Templeton Investments’
advisory service divisions. ---
Ashton
will oversee consultant/gatekeeper relations and investment research for
international advisory services. As head of the international consultant and research
group, he will focus on Franklin Templeton’s global
consulting partners and cross-border financial institutions outside North
America, working with Franklin Templeton distribution teams across its
international offices. Effective August, he will move from his current role as
senior director for Central and Eastern Europe, the Middle East and Africa
(CEEMEA), to his new position. He will report to Jed Plafker, president of
Franklin Templeton International and head of International Advisory Services.
Dennis Rothe will be head
of the North America consultant and research group. Earlier this year, he was appointed to an expanded role
overseeing consultant relations and investment research for broker/dealers,
retirement platforms and insurance companies across North America. Rothe
reports to Peter Jones, president of Franklin Templeton Distributors Inc. and
Franklin Templeton Institutional LLC; Jones has overall responsibility for the
North American Advisory Services division.
Ashton and Rothe will work closely; both have been with Franklin
Templeton for 15 years.
“With the increasing complexity and globalization of our business, and
the ongoing importance of institutional and gatekeeper driven business, it is
essential that we continue to meet the evolving needs of global consultants,
global distributors, broker-dealers and retirement platforms,” Plafker said. “We
are delighted to have Andrew and Dennis in these new leadership roles, which
effectively position Franklin Templeton with the growing consultant and
gatekeeper community.”
“Gatekeepers and consultants are leading indicators of product demand,
and the conduit to shareholders and clients,” Jones said. “Andrew, Dennis and
their teams are uniquely positioned to monitor the product landscape, further
raise awareness of Franklin Templeton’s diverse global product offerings, and
leverage best practices across the institutional and retail markets.”
Franklin Templeton also announced that effective August, Adam Quaife
will become senior director for Central and Eastern Europe, and the Middle
East, succeeding Ashton. Quaife will report to Vivek Kudva, managing director,
India and CEEMEA. Previously, Quaife was sales director and head of
Institutional for Franklin Templeton Investments Australia.
Jill Cornfield