Franklin Templeton Investments Increases Focus on NRI Business in the Region
New Dubai-based Regional Sales Manager – NRI
Hired to Support Growing Business
Franklin Templeton Investments, a global investment management organisation, has announced the strengthening of its team to handle Non-Resident Indian (NRI) business in the Gulf region. In order to focus and drive forward the NRI business, Franklin Templeton Investments has appointed a Regional Sales Manager – NRI, Mr. Rahul Chandnani.
Mr. Chandnani is based in the Dubai office of Franklin Templeton Investment Management Limited and will be responsible for the development of the distribution channels of investment products and solutions for NRI customers. He moves to Dubai from Franklin Templeton Asset Management Company (India) in Mumbai, where he had been responsible for developing the national distributors channel across the country.
Commenting on the appointment, Mr. Dhiraj Rai, Sales Director - Gulf and Eastern Mediterranean, Franklin Templeton Investment Management Ltd said: “The NRI community forms the largest expatriate group in the Gulf region - many of whom are affluent investors. We have been providing investment solutions to the NRI community for a long time now, and our products have been well received. With this appointment, we are reinforcing our focus and commitment towards servicing the community.”
The branch of Franklin Templeton Investment Management Limited in Dubai is authorized and regulated in the UK by the Financial Services Authority and regulated in Dubai by the Dubai Financial Services Authority.
Franklin Resources, Inc. [NYSE:BEN], is a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management solutions managed by its Franklin, Templeton, Mutual Series, Fiduciary Trust, Darby and Bissett investment teams. The San Mateo, CA-based company has more than 60 years of investment experience and over US$617 billion in assets under management as of April 30, 2008.
