Franklin Templeton adds to CEE and ME team

Franklin Resources has appointed Adam Quaife as senior director, Central and Eastern Europe and Middle East, Franklin Templeton Investments. His appointment is effective 1st August 2012.

Quaife will report to Vivek Kudva, managing director – India and CEEMEA, Franklin Templeton Investments. He replaces Andrew Ashton who will be relocating to San Mateo in early August to take up a newly created role as head of Consultant and Research Group – International.

Based in Dubai, United Arab Emirates, Quaife will be developing the retail and institutional businesses in a region that comprises some of the largest sovereign wealth funds. Franklin Templeton says the key markets include Poland, Hungary, Greece, Turkey, Romania, UAE, Saudi Arabia, Qatar and Kuwait.

Quaife said: “I believe the emerging and frontier markets have the potential to grow at a relatively faster pace than most developed economies. We have already established a strong presence in 25 countries in the region. Our investment management groups offer truly distinct areas of expertise and our diversified investment solutions offer a wide choice to retail and institutional investors, enabling us to continue building the right platform for sustainable growth through market cycles.”

He joined Franklin Templeton’s institutional business in London in 2002 before setting up the Sydney office in 2004. He established and built the Australian retail business, before taking over as Sales Director and Head of Institutional in 2008. Prior to joining Franklin Templeton, Quaife held business development positions at AXA and Colonial First State.

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