Asset management firm Franklin Templeton Investments has hired Jo-Anne Bailey as director for the African region. Based in Cape Town, South Africa, she will be in charge of building the firm’s retail and institutional operations across the continent.

Bailey will be reporting to Dubai-based Andrew Ashton, regional head for Central and Eastern Europe, the Middle East and Africa. She joins Franklin Templeton from Cadiz Holdings’ subsidiary Cadiz Asset Management, where she was institutional business development head.

Click here for the release from Franklin Templeton.