28, February, 2024
HomeBusinessFranklin Templeton Names Janakiraman Rengaraju as Chief Investment Officer for Indian Equities

Franklin Templeton Names Janakiraman Rengaraju as Chief Investment Officer for Indian Equities

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Franklin Templeton has appointed Janakiraman Rengaraju as the new Chief Investment Officer (CIO) for Emerging Market Equities in India, effective from December 1. Rengaraju, currently serving as Deputy CIO & Senior Portfolio Manager at Mutual Fund, brings 27 years of investment management experience, having joined the firm in 2007.

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In an official statement released on November 28, Franklin Templeton noted the transition from Anand Radhakrishnan, the current CIO for Emerging Market Equities – India, who will depart on January 12, 2024, to explore other opportunities. Rengaraju’s appointment aims to fortify the equity franchise in India, working closely with Avinash Satwalekar, President of Franklin Templeton – India, leveraging the expertise of a 16-member investment team.

Rajah, the Senior Managing Director and Director of Portfolio Management for EME Asian Equity, expressed gratitude for Radhakrishnan’s contributions, highlighting his commitment and market insights over 19 years. He emphasized the significance of succession planning and teamwork within Franklin Templeton, citing Rengaraju’s diverse experience and past roles, including Deputy CIO and handling portfolio management responsibilities.

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Rajah expressed confidence in Rengaraju’s ability to lead the team to greater heights, creating value for investors and stakeholders alike. Rengaraju’s proven track record in managing various equity funds, such as Franklin India Prima Fund, Franklin India Smaller Companies Fund, and Franklin India Flexi Cap Fund, positions him well for this new role.

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