Scout Investment Advisors Promotes Bill Greiner to President and Chief Investment Officer
November 02 2009 - 10:49AM
Business Wire
Scout Investment Advisors (SIA), Inc., a subsidiary of UMB
Financial Corporation (NASDAQ: UMBF), announces the promotion of
current Chief Investment Officer (CIO), Bill Greiner, to president
and CIO of SIA. In 2001, SIA was created to provide comprehensive
investment management for the Scout Funds and other separately
managed accounts.
In this role, Greiner will provide overall strategic direction
for investment management and oversee portfolio leadership and
product development. He will report to Peter deSilva, president and
chief operating officer of UMB Financial Corporation. This
promotion directly supports the evolution of UMB’s organizational
model as a diversified financial services company.
“Bill has earned a tremendous national reputation for leadership
within the financial community and we are confident he will
continue to build on the momentum,” said deSilva. “SIA is a key
component of our overall growth strategy. We have outstanding
products, industry leaders managing portfolios and the capital to
make strategic investments in this business.”
Greiner has spent his entire career in the investment field,
with more than 30 years of investment management experience,
including 10 with SIA. Greiner produces a bi-weekly economic
commentary regarding developments in the U.S. Domestic Market.
Greiner was named BusinessWeek's 2005 Stock Market Strategist of
the Year and was a runner-up again in 2007. He regularly appears as
a guest on Bloomberg Television, FOX Business, News Radio 980 AM
KMBZ and CNBC. Greiner is often quoted in leading financial
publications, such as The Wall Street Journal, BusinessWeek,
Investor’s Business Daily and Barron’s, regarding his views on the
U.S. economy.
About Scout Investment
Advisors, Inc.
Scout Investment Advisors, Inc. is a subsidiary of UMB Financial
Corporation. The firm is located in Kansas City, Missouri and
adheres to a management philosophy focused on long-term investments
and a systematic “top-down bottom-up” strategy. Through this
approach, specific research methodology and portfolio managers’
unique expertise is combined to identify target investments based
on the highest standards and criteria. Scout Investment Advisors,
Inc. is a responsible, prudent investment organization built to
generate long-term returns and help achieve individual and
institutional investors’ objectives.
About UMB
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 135 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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