The New York-headquartered firm has made some changes at the top.

TIAA Global Asset Management has named Vijay Advani as its new president and chief operating officer.

Advani has more than 20 years of experience and joins from Franklin Templeton Investments where he served as co-president and was responsible for long-term strategic initiatives, investment management, trading and global retail and institutional distribution.

In his newly-created role, he will lead global distribution, management committees, and drive data. He will report to Rob Leary, chief executive of TIAA.

“Vijay’s keen insights, excellent strategic thinking and vast global experience will be invaluable to our clients and our high-performing distribution teams,” said Leary.

TIAA Global Asset Management has $915 billion of assets under management as of June 30, 2016.