UMB Corporate Trust and Agency Services Adds 13 in California Expansion

National Sales Managers John Deleray and Ali Naqvi and Regional Managers Jeanie Mar and Jane Snyder are among professionals joining from Wilmington Trust

UMB Bank, n.a., a subsidiary of UMB Financial Corporation (Nasdaq: UMBF), announced today an expansion of its Corporate Trust and Agency Services group in California. UMB welcomes thirteen professionals formerly with Wilmington Trust to provide a wide range of corporate, municipal trustee, escrow and paying agent services.

All but two of the new professionals will be based from Costa Mesa in Orange County, where UMB is opening a new office. The new office will also be home to professionals from Corporate Trust’s CLO Trustee and Loan Administration team.

“We’ve been growing our Corporate Trust business by double digits year after year and expect that to continue,” said Austin Braithwait, executive vice president, executive managing director, Corporate Trust and Agency Services. “John Deleray and Ali Naqvi are among the best-known corporate trust leaders in the western U.S. We are honored to welcome them and this entire group of stellar professionals.”

UMB Corporate Trust and Agency Services is part of the bank’s Institutional Banking division. Its expansion in California builds on UMB’s entry earlier this year into commercial and retail banking in the state when UMB acquired HTLF Bank, and its California division, Premier Valley Bank.

John Deleray, national sales manager, leads a team that will focus primarily on municipal and corporate trustee, escrow and paying-agent services. He and Jeanie Mar, regional manager, helped establish Wilmington Trust’s California office in 2011.

“As a team, we’re thrilled with the opportunity to expand UMB’s national reputation as a Public Finance Trustee to the west coast and to grow UMB’s national dedicated effort in M&A administration,” said Deleray. “UMB’s infrastructure, senior management and commitment to our product lines combined with the talented, experienced team we’re bringing over is going to produce one of the strongest Corporate Trust offices in the nation. We’re very excited.”

A second team led by Ali Naqvi, also a national sales manager, specializes in complex mergers and acquisitions transactions. He and Jane Snyder, regional manager, and their team will work closely with top law firms and private equity firms across all fifty states, focusing on escrow and paying agent services.

“The goal has always been the same—to be the easiest and most flexible escrow and paying agent to work with,” said Naqvi. “UMB is providing us the perfect platform to accomplish that.”

Deleray, Mar, Naqvi and Snyder started employment with UMB yesterday. UMB looks forward to welcoming nine additional members of their teams over the coming weeks.

In recent years, UMB has substantially invested in and grown its Corporate Trust and Agency Services group.

“We now cover all major areas,” said Braithwait. “We’ve gotten there through a mix of organic growth, lift-outs and acquisitions across the U.S. and in Ireland.”

In addition to general corporate and municipal trust services, UMB has specialized teams focused on asset-backed securities (ABS); distressed debt and default workout scenarios; loan agency and project finance services; aviation and other transportation and equipment services; and CLO trustee and loan administration services.

About UMB

UMB Financial Corporation (Nasdaq: UMBF) is a financial services company headquartered in Kansas City, Missouri. UMB offers commercial banking, which includes comprehensive deposit, lending, investment and retirement plan services; personal banking, which includes comprehensive deposit, lending, wealth management and financial planning services; and institutional banking, which includes asset servicing, corporate trust solutions, investment banking and healthcare services. UMB operates branches throughout Missouri, Arizona, California, Colorado, Iowa, Kansas, Illinois, Minnesota, Nebraska, New Mexico, Oklahoma, Texas, and Wisconsin. As the company’s reach continues to grow, it also serves business clients nationwide and institutional clients in several countries. For more information, visit UMB.com, UMB Blog, UMB Facebook and UMB LinkedIn.

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