Invesco PowerShares has appointed Gilles Boitel as business development director Switzerland to help boost delivery of products, including so-called Smart Beta, to key markets across Europe.
Boitel will be particularly responsible for driving business development in Switzerland. He previously was responsible for institutional clients for Source in Switzerland and Liechtenstein. Other roles have included responsibility at ETF provider iShares for ETF distribution to private banks, wealth managers and family offices in Switzerland.
Bryon Lake, head of Invesco PowerShares – EMEA, said: “Gilles’ appointment reinforces our strategy to develop our presence in countries such as Switzerland where there is a clear demand for Smart Beta ETFs. His expertise and specialist knowledge of the Swiss market is a great asset to our team and as the ETF industry continues to expand in Europe, we have been focusing on developing our team to best support our growth in these core regions.”