UMB Financial Corporation (NASDAQ: UMBF) is pleased to announce that Dana Abraham has been promoted to executive vice president for investment and wealth management and private banking. Abraham will oversee UMB�s team of wealth advisors who deliver financial planning, trust and fiduciary products, and investment services. In addition, she will continue to expand private banking products and services to all UMB markets. Abraham was hired as a senior vice president for private banking in October 2005. In August 2006, UMB merged private banking services within the company�s Asset Management division, creating a unified customer experience for UMB�s high net worth clients in need of asset management, credit and deposit products and services. �Dana has made a tremendous impact in the private banking area of our business since joining UMB,� said Clyde Wendel, president of UMB Asset Management. �Continuing to grow our investment and wealth management area is a high priority. Dana�s leadership and experience will help advance and strengthen this service to a market that demands a customer-centric philosophy.� Abraham has more than 20 years of private banking experience. Before joining UMB, she spent 16 years at Bank of America, formerly serving as senior vice president of premier banking and investments. Abraham is an active volunteer in the Kansas City community. She is currently a member of the Blue Valley Educational Foundation Board of Directors, Blue Valley BEST Committee and the Central Exchange. She holds a degree in Business Administration from the University of Louisiana-Monroe. UMB Financial Corporation is a multi-bank holding company headquartered in Kansas City, Mo., offering complete banking, asset management and related financial services to both individual and business customers. Its banking subsidiaries own and operate 139 banking centers throughout Missouri, Kansas, Illinois, Colorado, 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.
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