Franklin sees rejig in top management

Franklin Templeton has announced a change in its top management. Avi Satwalekar, currently Country Head of Malaysia, will relocate to India and replace Sanjay Sapre as the President of the India AMC from June 2022. Avi Satwalekar has been associated with Franklin Templeton since 1996. In his first role with Franklin, based out of San Mateo in California, he was a member of the portfolio management team for the Franklin Small Cap Growth strategy and a lead portfolio manager for the private, separately managed small-cap accounts. For the past five years, he has be