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Rating:Invesco Beefs Up its Institutional Sales Team Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, October 15, 2008

Invesco Beefs Up its Institutional Sales Team

News summary by MFWire's editors

Invesco has hired Michael Mondo as senior director in its institutional sales and service team. Boston-based Mondo reports to Ben Utt and focuses on new business generation and deepening existing client relationships.

Mondo was previously with JPMorgan Asset Management as a client advisor.

Company Press Release

ATLANTA - (Business Wire) In a move that further strengthens its ability to market Invesco’s broad range of investment capabilities, Invesco today announced that Michael Mondo has joined its Institutional Sales and Service team as a Senior Director. He is primarily focused on new business generation and deepening existing client relationships. He is part of the leadership team for Invesco’s efforts directed toward corporations, endowments and foundations, primarily located in the eastern United States. He reports to Ben Utt and is based in the company’s Boston office.

“We are thrilled to attract someone of Mike's caliber and proven experience to Invesco’s sales and marketing team,” said Jack Markwalter, head of U.S. Institutional Sales, Client Service and Marketing. “As we deliver more of our strong investment capabilities to the marketplace, having someone with Mike’s leadership capabilities further allows us to better deliver world class products and solutions to our clients.”

Mondo comes to Invesco with over 20 years of financial services experience of which the past ten years have been in the institutional investment management arena. Prior to joining Invesco he was with JPMorgan Asset Management as a Client Advisor. Additionally, his other asset management experiences were with Evergreen Investments and State Street Global Advisors. Mondo holds a BBA in Marketing from Adelphi University and an MBA in Finance from St. John’s University.

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.

Edited by: Erin Kello

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