UMB Fund Services Announces Business Development Team Changes

  UMB Fund Services Announces Business Development Team Changes

Business Wire

MILWAUKEE -- April 4, 2013

UMB Fund Services, Inc. (UMBFS) has announced leadership changes and a new
representative for its business development team.

Lonnie Macdonald has transitioned out of his role as head of business
development for UMBFS in order to focus on other responsibilities within the
organization. He had led the business development team since September 2007.
The last four years have been the most successful in UMBFS’ history, as
measured by both clients added and revenue generated.

Macdonald will continue to serve as head of marketing for UMBFS and as
president of the company’s alternative investment servicing division, JD Clark
& Company. In addition, he will be focusing on developing and implementing a
suite of middle-office services to be offered to clients.

Tony Fischer, senior vice president, has taken over as head of business
development for UMBFS. Since joining the business development team in February
2008, he has been a top producer covering opportunities in the eastern U.S. He
brings extensive experience in sales and other management positions with a
number of companies, including SEI Investments and BISYS Fund Services.

Lastly, Richard Talley has joined UMBFS as vice president of business
development, reporting to Fischer. Talley will focus on opportunities in the
eastern U.S. He comes with 20 years of industry experience, including 13 years
as vice president of business development with BNY Mellon Alternative
Investment Servicing (formerly PNC Global Investment Servicing), where he
covered the alternative investment market.

“Lonnie Macdonald has been a tremendous contributor to the success of UMBFS
over the past five-plus years,” said John Zader, CEO of UMBFS. “He has built a
deep pool of talent in our business development team, enabling us to move
forward with confidence in the sales area while he focuses on other efforts
within the organization. We look forward to continued success for each of
these individuals in their new roles, and for the company as a whole.”

About UMB Fund Services

UMB Fund Services, headquartered in Milwaukee, Wis., offers a complete line of
products and services to the fund industry, including administration, fund
accounting, distribution, investor services and transfer agency; custody
services through UMB Bank, n.a.; and alternative investment services through
JD Clark & Company. It currently serves more than 200 clients with combined
assets of more than $160 billion as of February 28, 2013. For the past three
years, the company has been named one of the top 10 midsize employers in
southeastern Wisconsin by the Milwaukee Journal Sentinel. UMB Financial
Corporation (NASDAQ: UMBF), the parent company of UMBFS, is a financial
services holding company with more than $14.9 billion in banking assets,
headquartered in Kansas City, Mo.


UMB Fund Services
Steve Wujek, 816-423-6214
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