By naming NationsBank Corp.'s Mark H. Williamson its next president and CEO, Invesco Funds Group last week sent a strong signal to banks in the fund business: They are fertile ground for fund companies looking to recruit top-level talent.

Mr. Williamson, 46, is not the first banker to jump from a commercial bank to the fund industry. But his new job is believed to be one of the most senior posts at a mutual fund company ever secured by an executive who cut his teeth at a bank-managed fund.

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