Invesco has named Kate Dwyer (pictured) as its head of UK distribution as part of a broader reorganisation of its distribution and client solutions teams.
The company also confirmed that Alex Millar, the former UK head of distribution, will leave by mutual consent after nearly 24 years at the firm.
Dwyer has been promoted from her previous role as head of passives UK, and she will now report to Oliver Bilal, head of EMEA distribution. She joined the business from Source, a European ETF provider, following its acquisition by Invesco in 2018 and her career also includes a seven-year stint at Morgan Stanley
Invesco has also promoted Sachin Bhatia to head of UK pensions and EMEA consultant relations, which the company said marked “a broadening of responsibilities” from his previous role as head of UK core institutional and consultants.
Bhatia, who joined the firm in 2016 from Oxford Capital Partners, will take up the mantle from Chris Evans, the former head of pensions and EMEA consultant relations, who also leaves the firm by mutual consent.
On the insurance side of the business, Charles Moussier has been made head of EMEA insurance client solutions, while Joel Marques becomes head of UK insurance distribution.
In addition, Richard Glenn will take on a new role as head of EMEA private markets distribution. He joined Invesco in April 2019 as head of insurance UK and Ireland, having worked at Barclays and Lehman Brothers. His most recent role at the firm was head of EMEA insurance distribution and strategy.
‘Agile to change’
Bilal said Invesco had seen continued client demand for private market capabilities, and tailored investment solutions for both retail and institutional clients. “It is strategically important that we provide dedicated resources and focus in areas of our business that can offer our clients the service and innovation they require,” he added.
“As a large organisation serving client segments all over the world, we have to continue to innovate and develop our competitive proposition, not only by developing and aligning our internal talent to their areas of strength, but as an organisation we have to remain agile to change. We will achieve this by fostering partnerships with private banks, wealth managers, and insurance companies, and by developing digital distribution channels in order to grow and serve our clients in the best way possible.”
Bilal thanked Millar for his “outstanding service and contribution” to the growth and development of the firm’s EMEA business; and Evans for his role in developing the firm’s institutional business.