Franklin Resources has appointed Vijay C. Advani and Jennifer M. Johnson as co-presidents, effective Oct. 1, 2015.
Current president, Gregory E. Johnson, will continue in his role as chairman and CEO.
Advani and Johnson have each been with the firm for more than 20 years.
Read: Gregory joins Franklin Templeton
As co-presidents, they will now jointly oversee investment management and all related investment management support services, including trading and risk management, in addition to their previous areas of responsibility.
Advani has served in his current role as executive vice-president, global advisory services since 2006. He joined Franklin Templeton in 1995 and has served in various leadership roles in the areas of international retail development and global distribution.
And Ms. Johnson has served as executive vice-president and chief operating officer since 2010. She joined the firm in 1988.
For more industry moves and appointment notices, check out People Watch.
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