UMB Financial Corporation is expanding its Corporate Trust and Agency Services group in California by adding 13 professionals, many of whom previously worked with Wilmington Trust. Among those joining are National Sales Managers John Deleray and Ali Naqvi, along with Regional Managers Jeanie Mar and Jane Snyder. The majority of the new team will be based in a new office in Costa Mesa, Orange County, which will also house members of the Corporate Trust's CLO Trustee and Loan Administration team. This expansion supports UMB's strategy to enhance its national footprint, offering a wide range of services including corporate and municipal trustee, escrow, and paying agent services. The move follows UMB's entry into California's commercial and retail banking sectors, further solidified by their acquisition of HTLF Bank and Premier Valley Bank. UMB's continued investment in its Corporate Trust and Agency Services group aligns with its goal to be the most flexible and efficient escrow and paying agent in the industry.
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