UMB Financial Corp., the holding company for Kansas City, Missouri-based UMB Bank, announced that Jim Rine has been promoted to president of the company, in addition to his current role as president and chief executive officer of UMB Bank. UMB Bank currently has four branches in North Texas.
According to a press release announcing Rine’s new role, “This promotion reflects the ongoing expansion of Rine’s work and influence assumed during the past several years, including his increased involvement in investor relations, UMB Financial board interactions and more. Expanding his title reflects the critical role he also serves in the day-to-day operations of the UMB holding company.”
Rine began his career at UMB Bank as a credit analyst in 1994 and will celebrate his 30-year anniversary with the bank in April. Since being named president and CEO of UMB Bank in 2018, he has managed the bank’s revenue generation and operations, including oversight of commercial and personal banking, institutional services, wealth management, information and technology and credit administration.
Rine graduated from Missouri State University with a bachelor’s degree in finance. He actively contributes to the Kansas City community as a director on multiple boards, as well as an advisory director for UMB Financial Corp.
“During his nearly three decades at UMB, he has helped our company grow, steered us through challenging times and been a mentor and coach to many, including several of our senior leaders,” says Mariner Kemper, chair and CEO of UMB Financial Corp. “Jim is a dynamic leader who clearly models and demonstrates UMB values. He sets the bar high for all around him, effectively propelling positive outcomes and success.”
Established in 1913, UMB Bank operates branches throughout Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska, Arizona and Texas.