INVESCO FUNDS GROUP NAMES NATIONAL SALES MANAGER
Denver, CO September 19, 2001 INVESCO Funds Group today announced the
promotion of Tom Kolbe to Senior Vice President and National Sales Manager.
Mr. Kolbe will have the functional responsibility for directing all of
INVESCOžs sales and business development activities, in addition to his
current responsibilities as manager of institutional sales. "Tomžs promotion
is both a recognition of his accomplishments and his ability to contribute to
the growth of our company in all types of markets," said Ray Cunningham,
President and Chief Operating Officer of INVESCO Funds Group.
Since joining the firm in 1999, Mr. Kolbe has focused on constructing and
managing the firmžs institutional sales efforts; since which time INVESCO has
established more than 30 relationships with major insurance partners across
the country. As National Sales Manager, Mr. Kolbe replaces Mr. Cunningham,
who was promoted to President and Chief Operating Officer in May of this year.
Mr. Kolbe brings more than 20 years of wholesaling and business development
activities to his new challenge, the last 10 years being in the financial
industry. Prior to joining INVESCO, Mr. Kolbe spent five years with
Protective Life Insurance Company in Birmingham, Alabama. His additional
experience as a small business owner has given him the perspective of
selling, as well as the logistical skills involved in running a complete
organization from a profitability standpoint. Mr. Kolbe graduated from the
State University of New York with a Masters degree in Psychology, and
received a B.A. in Psychology from Ohio University.
Denver-based INVESCO Funds Group, a subsidiary of AMVESCAP PLC, has over $41
billion in assets under management (as of 6/30/01), and is one of the premier
mutual fund management companies in the United States. It provides a wide and
innovative range of investment products and services to individuals and
institutions. AMVESCAP has over $408 billion in assets under management (as
of 6/30/01) and is one of the worldžs largest individual investment managers,
operating under the AIM and INVESCO brand names. The Company is listed on the
London, New York, Paris, Toronto and Frankfurt Stock Exchanges with the
symbol "AVZ."
Editors Note: We are required to include the following information with our
news release. For more information on INVESCO Funds, please call
1-800-255-6927 for a prospectus containing more complete information
including management fees and expenses. Please read it carefully before you
invest or send money. INVESCO Distributors Inc., Distributor.
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