INVESCO Funds Group has promoted Stuart Holland to manager of institutional sales, filling a vacancy left after Tom Kolbe was named national sales manager earlier this year, the company said.

Holland will be responsible for the firm's institutional sales process with insurance companies and banks. He previously served as the firm's regional sales manager for the central region. Prior to joining INVESCO in 2000, Holland worked for Evergreen Funds and John Nuveen & Co.

Harvey Fladeland will replace Holland as the firm's regional manager for the central division, the company said. He was formerly a senior regional wholesaler.

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