Southern fellow framing present is photographer (7)
I believe the answer is:
snowdon
'is photographer' is the definition.
(Lord Snowdon was a photographer)
'southern fellow framing present' is the wordplay.
'southern' becomes 's' (abbreviation).
'fellow' becomes 'don' (both can mean an academic).
'framing' is an insertion indicator (inserted letters are framed by the outside letters).
'present' becomes 'now' (both can mean the current period).
's'+'don'='sdon'
'sdon' enclosing 'now' is 'SNOWDON'.
(Other definitions for snowdon that I've seen before include "High spot in Wales" , "Highest mountain in Wales" , "Highest point of England and Wales" , "Welsh mountain" , "Highest Welsh peak" .)