New York, New York December 15, 2016 – TIAA Global Asset Management, a leading investment manager, has named Vijay Advani as President and Chief Operating Officer, a new role for the company, effective January 9, 2017. He will report to Rob Leary, 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, drawing on decades of experience in multiple countries during which he deployed best practices and technology from other industries to establish and deepen client relationships. He will drive data and analytics initiatives for portfolio management and product development as well as distribution. And he will lead management committees charged with ensuring the firm continues to offer a client experience that seamlessly integrates distribution, solutions and marketing.
“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. “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) Pvt. Ltd. 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 also serves as a board member for the U.S.-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,” said 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.”
TIAA Global Asset Management, through TIAA and its registered investment advisers, provides investment solutions designed to help secure the long-term goals of institutions, individual investors and the advisors who serve them. With $915 billion in assets under management (as of 9/30/16) and operations in 16 countries, the firm’s leading investment affiliates offer deep expertise in traditional and alternative asset classes through a wide array of vehicles including funds and customized strategies. For more information, please visit https://www.tiaa.org/public/assetmanagement.