Crafter, who will be based in Boston MA., will be responsible for distribution efforts worldwide. He was formerly head of Asia Pacific at SSGA.
Crafter spent five years heading up the Asia Pacific business, prior to which he was CEO of a large Australian superannuation fund. He earned his master’s degree from the University of Melbourne, and his bachelor’s degree from the University of New South Wales.
James MacNevin will take over for Crafter as head of Asia Pacific, also effective immediately.
Taraporevala says: “Lochiel has been an extremely important thought partner to me and a key part of our leadership team these past few years. He has a unique background in our industry, including experiences not only on the distribution and investment management front, but also as a client. That mix of perspectives is something we’ll benefit greatly from as we continue to focus on serving our clients’ evolving needs.”