INVESCO Funds Group announced today that it has promoted Tom Kolbe to national sales manager, replacing Ray Cunningham who was named president and COO of the firm in May.

In his new role, Kolbe is in charge of the firm’s sales and business development activities in addition to his current responsibilities as institutional sales manager. Kolbe joined INVESCO in 1999 and was in charge of leading the firm’s institutional sales efforts. Under his leadership, the firm developed more than 30 relationships with insurance firms across the country, according to INVESCO.

Prior to joining the firm in 1999, Kolbe worked with Protective Life Insurance Company.

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