• HSBC

INVESCO appoints Dubai Sales Manager for Dubai office

  • United Arab Emirates: Wednesday, May 10 - 2006 at 13:40
  • PRESS RELEASE

INVESCO Asset Management Limited, part of AMVESCAP one of the leading independent global investment management businesses, today announced the appointment of Nicholas Savastano as Regional Sales Manager for its office in Dubai.

Mr Savastano joins Invesco from Zurich International, where he was most recently Distribution Development Manager and responsible for building Zurich's successful Bancassurance business within the region. He holds an MBA and brings with him 19 years of Financial services experience of which the last 10 years have been focused in the MENA region.

"We see Dubai as an important and growing market where the investing population is increasing," commented Nick Tolchard, Head of International Development at INVESCO. "Nick's strong background in distribution, as well as his detailed knowledge of the region, will further strengthen our existing capabilities in Dubai and enable us to respond to the particular requirements of banking partners in the region."

Nick Savastano added, "I am thrilled to be joining INVESCO at this exciting time. Without doubt, INVESCO is one of the best known names in the global investment industry and I look forward to contributing to the further development of our operation here at the DIFC."

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.
Nicholas Savastano 
Nicholas Savastano
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Notes and Media Contacts »

INVESCO is part of AMVESCAP, a leading independent global investment manager, dedicated to helping people worldwide build their financial security. Operating under the AIM, INVESCO and Atlantic Trust brands, AMVESCAP strives to deliver outstanding products and services through a comprehensive array of retail and institutional products for clients around the world. The Company is listed on the London, New York and Toronto stock exchanges with the symbol "AVZ." Additional information is available at www.amvescap.com.

For more information please contact:

John Hobday
Citigate Middle East
+ 971 (0) 50 464 8706

Manash Bhuyan
Citigate Middle East
+ 971 (0) 50 841 9631

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