Posted inPeople Moves

Franklin Templeton appoints new Japan head

Takashi Takamura will succeed Suguru Kuwahata as president and country head of Japan, effective 1 April.

Franklin Templeton has announced that Takashi Takamura will be named president and country head of Japan, effective from 1 April.

Takamura, based in Tokyo, will be reporting to Tariq Ahmad, head of Asia Pacific at Franklin Templeton.

“I am delighted to welcome Takashi to Franklin Templeton,” said Ahmad.

“Japan plays a pivotal role in our Apac growth strategy and his appointment underscores our commitment to becoming a trusted partner to our institutional and retail clients in Japan.”

“We are confident that his expertise, strategic vision and deep understanding of the Japanese market will greatly contribute to the future success of Franklin Templeton in Japan.”

Takamura is to lead Franklin Templeton’s retail and institutional business in Japan, as the California-headquartered firm seeks to accelerate growth and strengthen its market position in the country.

He has over 35 years of experience in the financial services industry and has an excellent track record in building asset management businesses in Japan, the firm said in a statement.

Prior to joining Franklin Templeton, Takamura was held senior roles at State Street Global Advisors, Capital International KK, Citigroup Asset Management (now part of Franklin Templeton Japan) and Mitsui Trust & Banking Co (now known as Sumitomo Mitsui Trust Bank).

The appointment will be confirmed at an extraordinary shareholders’ meeting and board of directors meeting in late March 2024.

Ahmad added: “The Japanese wealth channel stands at the threshold of unprecedented growth, fueled by technological innovation and a burgeoning appetite for financial sophistication and I am glad that a seasoned leader like Suguru Kuwahata will be leading our efforts in this space.”

Part of the Mark Allen Group.