Invesco has promoted Tom Banks to head of UK ETFs as part of a double promotion within its ETF sales team.
Banks (pictured) will join Invesco’s UK distribution management team after joining the firm in January 2022.
Previously, Banks spent seven months in UK ETF sales at HSBC Asset Management and six years at JP Morgan Asset Management, latterly in UK ETF sales.
He will continue reporting the Kate Dwyer, head of UK distribution at Invesco.
Elsewhere, the firm has promoted Joe Bello to head of ETF institutional and asset managers.
Reporting to Banks, Bello, who joined the firm in November 2023, will cover pension and insurance clients.
Dwyer commented: "The promotions are a recognition of the expertise and quality of experience we have in our distribution team.
“Invesco has a track record for nurturing talent and after considering a wide pool of talent, I am excited to be able to give [Tom and Joe] the opportunity to drive growth and engage with clients to support our strategic priorities."
Previously, Invesco promoted Dwyer in December 2022 after joining as head of UK ETF coverage following the acquisition of Source in 2017.