Franklin Templeton Appoints YU Qing as Head of China
Franklin Templeton has announced the appointment of YU Qing to the newly-created role of Managing Director and Head of China.
YU Qing will be responsible for providing overall leadership and strategic direction for the firm’s Mainland China business and building a multi-faceted asset management business, focusing on public investment solutions. YU Qing will report to Dr. Ben Meng, EVP and Chairman of Asia Pacific. Based initially in Beijing, YU Qing will also work from the firm’s Shanghai office.
YU Qing has extensive industry experience, with over 30 years spent in government and financial services roles in China. Prior to joining Franklin Templeton, she was most recently Chairman of the Board at Nomura Orient International Securities Co., Ltd and Managing Director at Nomura Securities in China. She previously served as Group Vice President at China Reinsurance Group, and she also had a long and distinguished career at the Ministry of Finance, People’s Republic of China. YU Qing holds a Master's degree in Economics from Peking University.
Commenting on the new hire, Dr. Ben Meng, EVP and Chairman of Asia Pacific at Franklin Templeton, said, “YU Qing is a highly experienced and well-respected professional who brings a wealth of expertise and leadership to this role. We are very pleased to have her join our team to further drive our China strategy, strengthen our relationships with client and regulatory stakeholders, and capture growth opportunities in this important market. With a high caliber team on the ground led by YU Qing, I am confident that her appointment will position us for stronger growth over the long term.”
Franklin Templeton is committed to assisting Chinese investors in their investment goals by offering premier investment solutions and has decades of extensive investment experience in the country. On top of a Wholly Foreign Owned Enterprise (WFOE) in Shanghai, the firm also has a representative office in Beijing, as well as two long-established joint ventures - Franklin Templeton Sealand Fund Management Co., Ltd. in Shanghai and China Life Franklin Asset Management Co., Limited in Hong Kong.