Invesco appoints new Regional Sales Manager for the Middle East

Prior to joining Invesco, Venu was most recently the Head of Sales Strategy at Citibank in Dubai, where he worked closely with senior management on numerous growth strategies. Before relocating to Dubai in 2004, Venu worked in India as a Fund Manager for Prudential ICICI Asset Management. He holds a MBA degree and has over ten years experience in the financial services industry.

Nick Savastano, Associate Director for Invesco in the Middle East said,

"Invesco sees tremendous opportunities in the Middle East and we are continuously looking to enhance our capabilities in this exciting growth market. Venu's appointment will strengthen our Middle East team and will enable us to further build our business throughout the region. With his track record and proven expertise, Venu will be a valuable colleague who would play a key role in taking our business to the next level."

Commenting on his appointment Venu Reddy added,
"I am thrilled about joining Invesco at this exciting time. It's a great opportunity and privilege to work with, in my opinion, one of the most successful asset management businesses in the region. I look forward to working closely with the team and further developing our business in the region."

Invesco opened its office in Dubai in September 2005 and has a license from the Dubai Financial Services Authority (DFSA) to operate from the Dubai International Financial Centre (DIFC) as an authorised firm.