is taking over at UMB Fund Services
as Tony Fischer
, president of institutional banking at Kansas City, Missouri-based UMB Bank, confirmed
last week that Quill
, chief operating officer of UMBFS, has been promoted to president of the unit, succeeding Fischer
. Yet Fischer has been promoted to executive director of national sales for institutional banking and asset servicing (which includes UMBFS).
The UMBFS leadership changes come after UMBFS recently shifted under the institutional banking division at UMBFS. Thus, Fischer and Quill now report to Cornelius. He praises the freshly promoted duo as "industry veterans that bring the leadership skills and creative thinking necessary to achieve [UMB's] collaborative goals."
"This is an exciting time for all of us at UMB as we look to maximize synergies between our Fund Services and Institutional Banking teams while providing scale and focused resources to reach our shared target within institutional markets and distribution channels," Cornelius states.
Quill, an alumna of Saint Mary's College at Notre Dame, has worked with UMBFS since 1996. Prior to that she worked with Kemper.
Fischer, an alumnus of UPenn's Wharton School, joined UMBFS in 2008 and rose to president in 2014. Prior to that he worked with Brandywine, Bisys, SEI, Merrill, and Delaware.
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