K. Stuart Peskin was named managing director for client service at Invesco, confirmed spokesman Bill Hensel.
In the newly created role, Mr. Peskin will be responsible for maintaining relationships with large corporate and non-profit institutional clients. He will report to Jack Markwalter, head of U.S. institutional sales, client service and consultant relations.
Mr. Peskin had been the Asia-Pacific director of product engineering and development at State Street Global Advisors. SSgA spokeswoman Arlene Roberts said Mr. Peskin will not be replaced; his duties were assumed by other members of the product team.