Invesco Institutional has hired Brian Baskir as managing director of US consultant relations, a newly created position. He was previously senior vice president and director of consultant relations at Old Mutual, where he had worked since 1983.

Baskir will report to Jack Markwalter, head of U.S. institutional sales, client service and marketing. He will start at Invesco on September 2 and will be based out of Boston.

An Old Mutual spokesman had no comment on Baskir's replacement.

Invesco also announced two other appointments on Monday. Lance Beck joined the company from SunTrust Capital Markets as senior director, institutional sales and service. He reports to Ben Utt, managing director of US institutional sales and client service. Meanwhile, Brad Wilson, who has been with Invesco Institutional since 2000, was named senior director of consultant relations. He reports to Baskir.

Company Press Release

ATLANTA, Aug 25, 2008 (BUSINESS WIRE) -- In a move that will significantly strengthen its ability to market Invesco's broad range of investment capabilities and further strengthen relationships with consultants, Invesco Institutional announced three new appointments to its U.S. Sales, Client Service and Consulting team.

Brian Baskir will join Invesco Institutional as Managing Director, U.S. Consultant Relations, leading the team that services the U.S. institutional investment consultant community. In addition to leading the U.S. Consultant Relations team, he will have responsibility for relationship management, new business generation and managing Invesco's product ratings through investment consultants. Baskir will join the company on Sept. 2 and will be based in Boston, reporting to Jack Markwalter, Head of U.S. Institutional Sales, Client Service and Marketing.

"We are excited to have one of the industry's most highly respected consultant relations professionals join our team," said Markwalter. "Brian's extensive investment consultant relationships and broad sales experience will enable us to further strengthen our approach to the consultant community, who play such a pivotal advisory role with institutional investors."

In addition to Baskir, Lance Beck has joined Invesco as a Senior Director, Institutional Sales and Service. Beck joins the team that markets Invesco's investment strategies to corporations, foundations and endowments. He is based in Atlanta and reports to Ben Utt, Managing Director, U.S. Institutional Sales and Client Service. In a related move, Brad Wilson has been named Senior Director, Consultant Relations. Wilson, who moves from his current position as Senior Director in Sales and Service, has more than 17 years' industry experience, including ten years previously as an investment consultant. He reports to Brian Baskir.

"These three appointments reflect a serious commitment of resources to our sales, marketing and consultant relations efforts," added Markwalter. "They will enable us to build on the increasing positive momentum we are experiencing in our institutional business."

Brian Baskir previously served as Senior Vice President and Director of Consultant Relations at Old Mutual, an international savings and wealth management company. He joined Old Mutual in 1983, serving in various capacities and functions within the greater Old Mutual Group. His broad experience covers senior roles in the asset management, employee benefit and actuarial consulting areas of expertise, much of which was gained in South Africa. Since 1997, Brian has served in the U.S., first as president of Boston-based Old Mutual Investment Advisers, Inc. Following Old Mutual's acquisition of UAM in 2000, he had responsibility for the ongoing relationships and partnering with a group of Old Mutual's investment boutiques. Since 2003, he has focused his attention on developing multi-level relationships for Old Mutual with the investment consultant community. Baskir holds a Bachelor of Business Science Degree from the University of Cape Town and is a qualified actuary of the Institute of Actuaries in London.

Lance Beck has over 20 years' experience in the institutional investment sales industry and joins Invesco from SunTrust Capital Markets, the broker/dealer of SunTrust Bank, where he was Director, Corporate and Institutional Sales. He had been at SunTrust since 1989, where he received the SunTrust Corporate and Investment Banking Top Producer Award for the last six consecutive years (2002-2007). He began his career at Kidder Peabody and Company in New York as an investment sales representative. Beck earned his B.S. in Economics and Management from Centre College and holds an MBA in Corporate Finance and Marketing from Vanderbilt University.

Brad Wilson has been with Invesco Institutional since 2000, most recently as Senior Director, Sales and Service. His previous responsibilities at Invesco included new business development in Europe, Asia and Australia for the Global Equity and Global Tactical Asset Allocation investment capabilities managed in Atlanta. Previously he spent ten years as an investment consultant performing asset allocation studies, investor education, performance evaluation and manager searches for a variety of plan sponsor types. Wilson earned a B.S. in Economics from the University of Minnesota.

Invesco is a leading independent global investment management company, dedicated to helping people worldwide build their financial security. By delivering the combined power of our distinctive worldwide investment management capabilities, including AIM, Atlantic Trust, Invesco, Perpetual, PowerShares, Trimark, and WL Ross, Invesco provides a comprehensive array of enduring investment solutions for retail, institutional and high net worth clients around the world. Operating in 20 countries, the company is listed on the New York Stock Exchange under the symbol IVZ. Additional information is available at www.invesco.com.

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