Franklin Templeton Asset Management Company (AMC) on Thursday announced Avinash Satwalekar will take over as president of India business from Sanjay Sapre in June 2022.
Satwalekar, currently is the country head of Malaysia and will relocate to India as president – designate effective April 1, 2022. Sanjay Sapre, current president of the India business, will join Franklin Templeton’s digital strategy and wealth management division in July 2022.
A Franklin Templeton spokesperson said, “We would like to thank Sanjay for leading the India business with distinction over the last six years, including through the challenging period since April 2020, when the trustee announced the winding up of six fixed income funds. Since then, over 103 per cent of the aggregate reported