Franklin Templeton Investments, the California-headquartered
asset manager, has named Adam Quaife as senior director for Central and Eastern
Europe and Middle East. He replaces Andrew
Ashton, who relocates to the US
west coast in early August to take up the newly-created role of head of
consultant and risk group – international.

Quaife takes up the role from 1 August and will be based in Dubai. In that role, he
will be responsible for leading the firm’s businesses across Central and
Eastern Europe and the Middle East. He reports
to Vivek Kudva, managing director – India and CEEMEA, Franklin
Templeton Investments.

The role requires Quaife to focus on markets including Poland, Hungary,
Greece, Turkey, Romania,
United Arab Emirates, Saudi Arabia, Qatar
and Kuwait.

Quaife joined Franklin Templeton's institutional business in
London in 2002 before setting up the Sydney office in 2004. Prior
to joining Franklin Templeton, he held business development positions at AXA
and Colonial First State.

The San Mateo-based company had $706 billion in assets under
management as of 30 June 2012.