KANSAS CITY, Mo.--(BUSINESS WIRE)--
UMB
Financial Corporation (Nasdaq: UMBF) President and Chief Operating
Officer Peter deSilva has announced he will be stepping down from his
post effective Jan. 6, 2016. As a result, he has resigned as President
and COO, as well as from UMB’s Board of Directors, effective today.
deSilva will remain Vice Chairman of UMB Bank to help ensure a seamless
transition. UMBFC CEO and Chairman Mariner Kemper will immediately
assume the President title held by deSilva.
“Peter is someone who possesses boundless energy and a positive can-do
spirit,” said Kemper. “He has focused these attributes during his time
here to build businesses with enduring value and created customer,
associate and community relationships that have stood the test of time.”
During his tenure, deSilva helped to launch Scout Investments and UMB
Healthcare Services, both of which have become important contributors to
the company’s success. He also helped to guide the growth and strategic
direction of UMB Fund Services, UMB Bank and many other parts of the
organization.
“Peter has been the consummate brand ambassador for UMB,” continued
Kemper. “He has been instrumental in cultivating countless valued
customer relationships—and he is passionate about fostering an
unparalleled, engaged employee culture. His deep commitment for economic
development and improving the lives for those less fortunate in our
community has led him to do so many other impactful things in our
communities.”
deSilva’s significant contributions to the greater Kansas City community
include leading important organizations and initiatives such as the
Greater Kansas City Chamber of Commerce, the Big 5 movement to make
Kansas City America’s Most Entrepreneurial City, Park University, the
YMCA of Greater Kansas City, the Civic Council of Greater Kansas City,
Rose Brooks, Hope House, the University of Kansas Medical Center and
many more.
“I’m incredibly thankful for Peter’s vision, passion and all of his
contributions during his 11 years with UMB,” said Kemper. “He has been a
close, personal friend to me, to our customers and to our community —
and he has helped position our organization to thrive well into the
future. We’re excited for what he has planned next, and because it’s
Peter, we know it will be big. We wish him all the best.”
About UMB:
UMB Financial Corporation (Nasdaq: UMBF) is a diversified financial
holding company headquartered in Kansas City, Mo., offering complete
banking services, payment solutions, asset servicing and institutional
investment management to customers. UMB operates banking and wealth
management centers throughout Missouri, Illinois, Colorado, Kansas,
Oklahoma, Nebraska, Arizona and Texas, as well as two national
specialty-lending businesses. Subsidiaries of the holding company
include companies that offer services to mutual funds and
alternative-investment entities and registered investment advisors that
offer equity and fixed income strategies to institutions and individual
investors. For more information, visit umb.com,
umbfinancial.com,
blog.umb.com
or follow us on Twitter at @UMBBank, Facebook at facebook.com/UMBBank
and LinkedIn at linkedin.com/company/umb-bank.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151102006800/en/
UMB Financial Corporation
Media Contact:
Kelli
Christman, 816-860-5088
or
Investor Relations Contact:
Kay
Gregory, 816-860-7106
Source: UMB Financial Corporation