UMB Bank Names K.C. Mathews Chief Investment Officer

UMB Bank, n.a., the lead banking subsidiary of UMB Financial Corporation (NASDAQ: UMBF), is pleased to promote K.C. Mathews to executive vice president and chief investment officer (CIO). Mathews has spent the past eight years at UMB serving as senior vice president and managing director of portfolio management.

As UMB Bank CIO, Mathews is responsible for executing UMB Bank’s investment strategy and overseeing the day-to-day management of the bank’s investment activities. He reports to Clyde Wendel, president and chief executive officer of UMB Personal Financial Services. Mathews will work collaboratively with the UMB executive committee and Bill Greiner, president and CIO of Scout Investment Advisors, a subsidiary of UMB Financial.

Mathews takes over the bank’s CIO responsibilities from Greiner, who will continue to focus on the further development of products and strategic performance of Scout Investment Advisors.

“Our extensive search for the right person to continue guiding our proven investment strategy led us to an experienced investment professional within UMB,” said Wendel. “K.C. is one of the original architects of an investment strategy that has served UMB Bank clients well, and his insights will continue to shape the strategic direction of our portfolio management group.”

Mathews has more than 20 years of diverse experience in the investment industry. Prior to joining UMB, he spent nine years at the Bank of Oklahoma where he was a vice president and manager of the Portfolio Management Group. Prior to that, he spent five years working for securities firm Kidder, Peabody & Co.

Mathews earned a Master of Business Administration degree from the University of Notre Dame and a Bachelor of Science from the University of Minnesota. He attended the National Trust School at Northwestern University.

He is a Chartered Financial Analyst and a member of the CFA Institute. He is past president of both the Kansas City CFA Society and Oklahoma Society of Financial Analysts.

Mathews is on the board and executive committee for Junior Achievement and serves on the advisory board for the University of Central Missouri’s Harmon College of Business Administration. He also serves on the faculty of the School of Banks and has taught finance and investments at several universities.

About UMB:

UMB Financial Corporation (NASDAQ: UMBF) is a financial services 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 mutual fund and alternative investment services groups, single-purpose companies that deal with brokerage services and insurance, and a registered investment advisor that manages the company's proprietary mutual funds and investment advisory accounts for institutional customers. For more information, visit umb.com or follow us on Twitter at @UMBFinancial.

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