SOUTH AFRICA - Asset management firm Franklin Templeton Investments has named Jo-Anne Bailey as director of its African division.
She will be responsible for developing the $659.9bn firm's institutional and retail businesses across the continent.
Based in Cape Town, Bailey will report to Andrew Ashton, regional head for Central and Eastern Europe, Middle East and Africa (CEEMEA), who is currently based in Dubai.
Previously, Bailey was the head of institutional business development at Cadiz Asset Management focusing on client retention, product development, institutional business growth and marketing. Bailey has over 16 years' experience in the financial services industry and has also worked for Investec, Prodigy, Coronation and RMB Asset Management.
Ashton said: "Franklin Templeton has grown its presence in Africa since 1995 with an office in Johannesburg, overseeing the distribution of its products in key markets such as South Africa, Botswana, Namibia, Kenya and Mauritius. In that time, the group has made significant strides in the region and is now well known for its equity and fixed income products. We are delighted to welcome Jo-Anne to the company and to this role, which reflects our strong belief in the growth potential of this region."
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