Franklin Templeton has appointed Stefan Bauer as the new country head for its German business effective 1 February 2020.
Bauer replaces Reinhard Berben who retires on 31 March 2020.
Based in Frankfurt, Bauer will be responsible for leading and driving the growth of the German business across its retail and institutional channels. He will be supported by a very experienced team consisting of Peter Gorynski, director for Territorial Sales; Stephan Diekmeyer, director Banks/Fund of Funds; Martin Stenger, director, Business Development Insurance and Retirement Solutions and Reinhard Hog, marketing manager.
Bauer joined Franklin Templeton in 2015 as head of Institutional Sales responsible for developing the institutional business in Germany. Prior to joining the firm, he worked for DekaBank, serving as head of Institutional Sales Germany and before that, he held various sales and fund management positions at Deutsche Asset Management, Universal Investment and Cominvest.
He will report to Michel Tulle, senior director, Franklin Templeton Investments, who commented: "We are delighted to appoint Stefan Bauer as the new Country Head for Germany. Stefan brings with him over 20 years of experience in the German asset management industry and is well positioned to further grow our business in Germany."