Invesco enacts internal reshuffle prompting two departures

InvescoInvesco has made a slew of internal appointments, including across distribution and private markets, prompting two departures from the firm.

Head of UK distribution Alex Millar and head of UK pensions and EMEA consultant relations Chris Evans have had their contracts terminated by way of “mutual consent”.

Mutual consent involves outgoing staffers agreeing, in return for a settlement, to have their contract of employment terminated. They are prohibited from bringing a claim against the firm under any case of action they may have at the time.

Replacing Millar, Kate Dwyer has been appointed head of UK distribution and will report to head of EMEA distribution, Oliver Bilal.

Dwyer was formerly head of UK passives at the $1.4 trillion Atlanta, Georgia-based fund house.

She joined in 2018 following the firm’s acquisition of European ETF shop Source.

Elsewhere Richard Glenn will take on a new role as head of EMEA private markets distribution as the firm seeks to capitalise on strong client demand for alternative strategies across infrastructure, private equity, debt and real estate.

Bilal said: “We are seeing continued client demand for private market capabilities, tailored investment solutions for retail and institutional clients, notably in personal savings products with decumulation features and generating different levels of income.

“I would like to thank Alex for his outstanding service and contribution to the growth and development of the Invesco EMEA business over many years and Chris for his role in developing our institutional business”.

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