Dowden succeeded Lynn Niedermeier, who retired in July after serving as Invest's president and CEO since 2001.
Dowden was president and CEO of Cuna Brokerage Services Inc., a unit of Cuna Mutual Group, an investment and insurance firm that serves credit unions. At Cuna he led a sales force of 550 advisers. Before that he was president of the investment and insurance program at IBM Mid America Federal Employee Credit Union.