UMB Bank Colorado Hires New Asset Management President
December 12 2007 - 9:37AM
Business Wire
UMB Bank Colorado, n.a. is pleased to announce the expansion of its
Asset Management team in the Colorado market. Maureen K. Barker has
joined the company as president of UMB Asset Management � West.
Additionally, John Trujillo II has joined the company as vice
president and senior portfolio manager and Norm Close has joined as
vice president and trust advisor. Both Trujillo and Close are
Denver natives and report to Barker. As the first UMB Asset
Management executive in Colorado, Barker is responsible for growing
and developing the UMB Asset Management market in Colorado and
Phoenix. Barker will manage a team of Asset Management officers in
both markets, serving as president of the divisions and as sales
director. �Maureen brings invaluable experience to UMB with her
familiarity and success in serving the high-net-worth client in
Denver,� said Jon Robinson, president of UMB Bank Colorado. �Her
industry background and leadership will be instrumental in both
serving and growing our client base in these regions.� Barker comes
to UMB with almost 30 years of experience in the financial services
industry. She recently served as senior vice president at Wells
Fargo in Denver. There she managed a team of bankers in the
Business Banking - Professional Services Group. Her
responsibilities included supervising the team�s portfolio,
recruitment and team development, in addition to serving as chair
of the Wells Fargo Art Contribution Committee. A Denver native,
Barker is actively involved in the community and dedicates her time
to many charitable organizations. A past president of the Rotary
Club of Lower Downtown Denver, she currently serves as the club�s
president and as the District�s Community Service Chair. Barker is
also a member of the Board and the assistant treasurer of The
Hundred Club of Denver, which provides financial assistance to
surviving families and dependents of first responders who lose
their lives in the line of duty. Barker�s other community service
activities include serving as past trustee of the Denver Academy
and past board director of the Denver Dumb Friends League. Trujillo
brings extensive experience in trust, endowment, fiduciary, IRAs
and foundations, which he will use to build customized investment
portfolios for UMB Asset Management clients. Trujillo will also
perform personalized investment reviews with each client and
generate new business for the market. Trujillo comes to UMB from
SunTrust Bank in Tampa, Fla. While there, he managed up to $325
million in assets and was responsible for the asset allocation of
each account. Trujillo holds a Bachelor of Science degree in
finance from the University of Denver and an MBA from the
University of South Florida. Close brings more than 33 years of
experience in the Denver market to UMB, with specialties in family
wealth management and inter-generational will and trust planning.
As vice president and trust advisor, Close will handle trust plan
development, trust administration and family business plan
development. Prior to joining UMB, Close served as vice president
of Trust for the Bank of Cherry Creek for seven years. There he
supervised trust development and administration, while specializing
in charitable trusts. Close is actively involved in the Denver
community, serving as board member and treasurer of the Colorado
Planned Giving Roundtable. He has also served as board member and
is the current treasurer for the American Lung Association of
Colorado. Additionally, Close is one of the founders of the Denver
Family Business Roundtable, a study group of family business
advisors and consultants. UMB Financial Corporation (NASDAQ: UMBF)
is a multi-bank holding company headquartered in Kansas City, Mo.,
offering complete banking, asset management, health spending
solutions and related financial services to both individual and
business customers nationwide. Its banking subsidiaries own and
operate 136 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, Wis.; single-purpose
companies that deal with brokerage services and insurance, and
registered investment advisors for proprietary mutual funds.
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