Local UMB executive Trout promoted

Last edited 1:53 p.m., Dec. 11, 2012

The chairman and CEO of Kansas City-based UMB Bank's Greater Missouri Region has been promoted to CEO of the company's Kansas Region.

Gil Trout, who will relocate to Wichita, Kan., from Springfield, will continue to hold his current position alongside his new role, according to a news release.

“We are pleased to have someone of Gil’s caliber lead the Kansas Region. He has been an outstanding performer and leader in our bank, and he brings invaluable experience, integrity and expertise to this expanded role," said Tom Chulick, UMB Bank Midwest Regions president, in the release.

In his new role, 24-year UMB employee Trout is tasked with building long-term relationships with clients, forging new business relationships and helping to form the bank's Kansas Region strategy as a member of the Kansas management team.

Trout, who holds a bachelor’s degree in business administration from Southwest Baptist University and a Master of Business Administration from Avila University, joined UMB in 1988. He was recognized by Springfield Business Journal in the 2012 Men of the Year awards and the 2003 40 Under 40 awards.

Trout succeeds Bill Watson, who was chosen to lead UMB's newly established agribusiness division, according to the company.

Shares of UMB Bank's parent company, UMB Financial Corp. (Nasdaq: UMBF), were trading at $43.21 as of 9:17 a.m., compared to a 52-week range of $34 to $52.61.[[In-content Ad]]