INVESCO Institutional, the North American institutional division of AMVESCAP, said last week that it has named a new head of sales and marketing and a new head of the firm's third-party distribution.

Frank Keeler, who started with the firm in 1987, was promoted to head of sales and marketing, replacing Sam DeKinder, who will "step back from day- to-day management" of the sales and marketing group to focus on building a greater number of institutional relationships, the company said.

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