Michael Mondo was named senior director of Invescos institutional sales and service team, said spokesman Bill Hensel. The position, based in Boston, is new.
Mr. Mondo will focus on existing corporate and endowment and foundation clients, as well as new business generation, according to an Invesco news release.
Mr. Mondo was a client adviser with JPMorgan Asset Management. JPMorgan has no immediate plans to fill the position, said spokeswoman Jacqueline Meere.