Franklin Templeton reorganizes the distribution leadership teams
21 MAY, 2024
Franklin Templeton has announced a reorganization of its distribution leadership teams, with the aim of meeting local customer needs and optimizing future growth opportunities. This reorganization involves the company's activities in the Americas (excluding the United States), in Europe and in the United Kingdom, now under the guidance of Matt Harrison.
Matt Harrison Appointed Head of Americas (excluding USA), Europe and UK
Starting today, Matt Harrison will assume the role of Head of Americas (ex-US), Europe & UK, Global Advisory Services, continuing to report to Adam Spector, EVP, Global Advisory Services. Harrison, based in London, will lead a combined area that includes key markets such as Canada, Germany, Iberia, Italy, Latin America and the United Kingdom, representing $245 billion in assets under management.
In recent years, we have substantially expanded our investment capabilities, strengthening our value proposition for customers. Our extensive global presence continues to be a competitive advantage, consolidating our commitment and confidence in local markets. From a leadership perspective, Harrison, Ashton and Villegas have demonstrated proven experience within the company, and I am pleased to see them take on new responsibilities.
Adam Spector, EVP, Global Advisory Services
New Appointments and Expanded Roles
Furthermore, Andrew Ashton has been appointed Head of UK and will continue his responsibilities as Chairman of the Board of Franklin Templeton Canada. From August 1, 2024, Ashton will report to Harrison and will move to London to take responsibility for the business in the United Kingdom, subject to regulatory approval. Under his expanded mandate, Ashton will be responsible for $76 billion in assets under management between Canada and UK. Prior to this role, he served as Head of Americas (ex-US) and Head of Global Financial Institutions Group at Franklin Templeton.
On the other hand, Javier Villegas, based in Madrid, has been appointed Head of Iberia and Latin America, Global Advisory Services, starting from October 1, 2024. This expanded region represents $77 billion in assets under management, including supervisions for Americas Offshore, Brazil, Central America, Iberia, and South America. Villegas has held various leadership roles within the company, most recently as Head of Iberia.
In addition to the new appointments, Martyn Gilbey, current Head of UK, will leave the company on October 1, 2024 after seven years of service.
