IFS Financial Services Inc., a Cincinnati asset management subsidiary of Western and Southern Financial Group that uses the Touchstone Investments brand, has hired Gene L. Needles Jr. as its president.

Mr. Needles will oversee the subsidiary's business management and strategy, directing all aspects of distribution, product management, marketing, administration, advisory services, and relationship management, as well as acquisition activities.

IFS announced the hiring Monday.

He was the president and the head of U.S. retail distribution of Invesco Aim Distributors Inc. Before that he had worked for New York's MetLife Inc., Boston's State Street Corp., and Boston's Putnam Investments.

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