KANSAS CITY, Mo. - (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.
Scout Investment Advisors
Justin Emily Wills, 816.423.6166
jwills@barkleyus.com
