Kansas City, Mo.-based UMB recently hired 13 people as its corporate trust and agency services units expand in California. .The hires, all from private banking company Wilmington Trust, include National Sales Managers John Deleray and Ali Naqvi and Regional Managers Jeanie Mar and Jane Snyder. Eleven of the 13 will be based in Costa Mesa in Orange County, where UMB is opening a branch. Deleray and Mar helped establish Wilmington Trust’s California office in 2011. A second team led by Naqvi specializes in complex M&A transactions. Naqvi, Regional Manager Jane Snyder and their team are expected to work with top law firms and private equity firms, focusing on escrow and paying agent services. “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. “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,” Deleray added. Earlier this year, UMB entered commercial and retail banking in California by acquiring HTLF Bank and its California division, Premier Valley Bank.
