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HANSBERGER NAMED CHAIRMAN OF TEMPLETON FUNDS MANAGEMENT GROUP

 HANSBERGER NAMED CHAIRMAN OF TEMPLETON FUNDS MANAGEMENT GROUP
 ST. PETERSBURG, Fla., Dec. 20 /PRNewswire/ -- On behalf of Templeton, Galbraith & Hansberger Ltd. (TGH), Sir John Templeton, the group's chairman, today made the following announcement:
 Mr. Thomas L. Hansberger, 58, president and chief executive officer of Templeton, Galbraith & Hansberger Ltd. is also to become chairman and chief executive officer of Templeton Global Investors, Inc. and chairman of the Templeton Funds Management group of companies, effective 31 December 1991. In both roles he succeeds John Wm. Galbraith who, at the age of 70, has decided to step down from his operating responsibilities.
 Responsible for the development of Templeton's U.S. mutual fund sales, marketing and business management organization, Mr. Galbraith is the founder of the Templeton Funds Management group of companies. He will remain a director of TGH and the U.S. based mutual funds."
 -0- 12/20/91
 /CONTACT: Martin Flanagan, director of Templeton, Galbraith & Hansberger Ltd., 809-362-4600/ CO: Templeton Funds Management Group ST: Florida IN: FIN SU: PER


AW-SS -- FL002 -- 4257 12/20/91 09:45 EST
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Publication:PR Newswire
Date:Dec 20, 1991
Words:176
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