Mats Eltoft has been appointed sales director, Nordic Region for Franklin Templeton Investments and tasked with developing institutional business in Sweden.
Based in Stockholm, Eltoft will report to Patrik Silfverling, director, Nordic Region. He joins from Aberdeen Asset Management, where he spent four years covering the Swedish institutional market.
Previously he was at Bank Sarasin in Germany as vice president covering the Nordics, and before that he was investment consultant at Mercer in Sweden.
Silfverling said: “Franklin Templeton continues to strengthen its presence in the Nordic Region and Mats’ knowledge and experience in working with institutional investors across all asset classes will be a valuable asset to our Nordic team. Building strong client relationships and helping clients better understand our investment capabilities will be key and it is my firm belief that Mats will contribute greatly to the efforts in our region.”