Rob Hain, CEO of AIM Canada, will become the new leader of INVESCO UK, the company announced today. Both companies are subsidiaries of AMVESCAP.

Hain replaces Hugh Ward, who is stepping down from the position for "personal reasons," according to AMVESCAP. "Hugh approached me some time ago to tell me about his wish to step down and return to Jersey once a successor had been identified," said Michael Benson, CEO of INVESCO Global and vice chairman of AMVESCAP.

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