UMBF UMB Financial Corporation

UMB Financial Corporation (NASDAQ: UMBF) is pleased to announce St. Louis natives David H. Naunheim and W. Thomas Chulick have joined the company. David and Tom will begin their roles at UMB on July 16 and will work at UMB downtown headquarters at 2 S. Broadway. As president of Commercial Banking, Naunheim will manage commercial sales, payment and technology solutions, correspondent banking and credit administration. He comes to UMB with nearly 30 years of banking and investment management experience. Most recently he was executive vice president and head of Capital Markets and Specialty Lending at US Bank in St. Louis. Chulick assumes the role of president of Investment & Wealth Management, overseeing private banking and personal trust services. Chulick has nearly 25 years of private banking experience and most recently was senior vice president and private client advisor at Bank of America in St. Louis where he managed $2.6 billion in assets. Naunheim and Chulick will serve with UMB veteran Peter J. Genovese in the newly created Office of the CEO structure, reporting to Genovese in his role of vice chairman of UMB Financial Corporation and CEO of UMB Bank St. Louis. Ken Kotiza, president of UMB Bank St. Louis, will also serve in an advisory role before his planned retirement at the end of the year. Their hiring is part of a leadership succession plan for Genovese and Kotiza. Combined, Genovese and Kotiza have more than 75 years of banking experience, nearly 50 of those leading UMB and serving customers throughout the St. Louis region. �We are building momentum with this company and there could not be a more perfect time for Ken and I to focus our efforts and experience in transitioning UMB�s future in St. Louis,� said Genovese. �We have established a core leadership group which compliments the attributes David and Tom bring to our community and customers.� UMB Financial Corporation is a multi-bank holding company headquartered in Kansas City, Mo., offering complete banking, asset management, health spending accounts and related financial services to both individual and business customers nationwide. Its banking subsidiaries own and operate 138 banking centers throughout Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska and 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 and insurance.