UMBF UMB Financial Corporation

UMB Financial Corporation (NASDAQ: UMBF) is pleased to announce DeAnna Basler has joined the company as its new executive vice president of Private Client Services and will also serve as president and CEO of UMB Scout Brokerage Services, Inc. The merging of the two divisions allows UMB to deliver focused and comprehensive deposit, lending and credit products through its Private Banking division. "DeAnna is a well-respected leader in the asset management industry and is the person we wanted to lead our newly aligned Private Client and Brokerage divisions...we are extremely pleased she will be joining us," said Peter deSilva, president and chief operating officer of UMB Financial Corporation. "Her 20 years at several prestigious firms in the asset management industry gives us a qualified, experienced leader who will strengthen our asset management division and improve the quality of service we provide our customers." Basler most recently worked for J.P. Morgan Asset Management in New York, where she was managing director and had national account management responsibility for their broker/dealer division. Prior to that, she was managing director for UBS Global Asset Management and led their third-party distribution. She also has held senior positions at American Century and Oppenheimer Capital. Basler's position at UMB is effective September 1, 2005. She will report to Joe Gazzoli, executive vice president of UMB Asset Management. UMB Financial Corporation is a multi-bank holding company headquartered in Kansas City, Mo., offering complete banking and related financial services to both individual and business customers. Its banking subsidiaries own and operate 138 banking centers throughout Missouri, Illinois, Colorado, Kansas, Oklahoma and Nebraska in addition to a loan production office in Arizona. Subsidiaries of the holding company and the lead bank, UMB Bank, n.a., include an investment services group based in Milwaukee, Wisconsin, a trust management company in South Dakota, and single-purpose companies that deal with brokerage services, consulting services and insurance.