UMB Bank, the banking subsidiary of UMB Financial, has promoted K.C. Mathews to executive vice president and chief investment officer.
Mathews has spent the past eight years at UMB serving as senior vice president and managing director of portfolio management.
As UMB Bank chief investment officer, 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 chief investment officer of Scout Investment Advisors, a subsidiary of UMB Financial.
Mathews takes over the bank’s chief investment officer 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," says 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.