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TIAA appoints president and COO

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TIAA Global Asset Management has appointed Vijay Advani as president and chief operating officer, a new role for the company, effective 9 January 2017.

He will report to Rob Leary (pictured), CEO of TIAA Global Asset Management.
 
Advani joins from Franklin Templeton Investments, where he was co-president.
 
At TIAA Global Asset Management, he will work closely with Leary and other senior leaders to architect and drive strategy for the firm. He will lead global distribution and drive data and analytics initiatives for portfolio management, product development and distribution.
 
“Vijay’s keen insights, excellent strategic thinking and vast global experience will be invaluable to our clients and our high-performing distribution teams,” says Leary. “He’ll also be a primary architect and implementer of the strategies that will ensure our continued growth.”
 
In his most recent role at Franklin Templeton, Advani was responsible for long-term strategic initiatives, investment management, trading and global retail and institutional distribution. Over a career of more than 20 years he also held product development, client relationship and marketing leadership roles in Asia, Eastern Europe and Africa. He also served as president of Templeton Asset Management (India).
 
Prior to joining Franklin Templeton, he spent 11 years at the International Finance Corporation, the World Bank Group unit responsible for helping governments to develop securities and financial markets.
 
Advani serves as a board member for the US-India Business Council; was a founding board member at Lok Capital, which drives development in India; and holds other charitable board and advisory positions.
 
“TIAA Global Asset Management’s investment expertise in global public markets and alternatives, combined with its rich heritage, put the firm in a strong position to provide long-term value for its clients,” says Advani. “I look forward to working with a talented team to fully leverage the firm’s distinct investment excellence and expand its business, investment and distribution capabilities.”

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