This paper is concerned with
finding necessary and sufficient conditions for the convergence of the sequence
{fn(a)} of elements of Banach algebra, where {fn} is a sequence of analytic
functions imitating the behavior of the sequence of integral powers. In particular, it is
shown that the sequence {an} converges iff the spectrum of a (with the possible
exception of the point λ = 1) lies in the open unit disc and λ = 1 is a pole of
(λ − a)−1 of order ≦ 1.