Dan Draper was named managing director of global ETFs at Invesco PowerShares Capital Management, a spokesman confirmed.
Mr. Draper replaces Ben Fulton, who left PowerShares in April, although some of Mr. Fulton's responsibilities were assumed by Andrew Schlossberg, head of U.S. retail distribution and global ETFs. Mr. Draper reports to Mr. Schlossberg.
Mr. Draper most recently was managing director and global head of ETFs at Credit Suisse; BlackRock acquired Credit Suisse's ETF business earlier this year. BlackRock spokeswoman Melissa Garville declined to comment on personnel moves.
Invesco PowerShares reported $85.1 billion in ETF assets under management as of June 30.
