M&I Wealth Management has hired Bob Harless as director of its investment division. He reports to Ken Krei, CEO of M&I Wealth Management. Harless joins M&I Huntington National Bank, where he was managing director for corporate risk management services.

M&I Wealth Management has announced the appointment of Robert W. (Bob) Harless, as director of M&I's Investment Division. Harless is responsible for leading all facets of M&I's Investment Division which provides a full array of liquidity and fixed-income securities, interest-rate derivatives and risk management solutions, and foreign exchange products to corporations, correspondent banks, and other users of financial products. He reports to Ken Krei, CEO of M&I Wealth Management.

Harless joins M&I with over 20 years of industry experience in asset/liability management, fixed-income portfolio management, and corporate risk management strategies. Most recently, he served as managing director for corporate risk management services at Huntington National Bank in Columbus, Ohio. Previously, he held senior management positions with Banc One Capital Markets, Lotsoff Capital Management, and Transamerica Life Insurance Companies.

Harless is a graduate of Brigham Young University in Provo, Utah, where he earned both a bachelors degree in economics as well as a masters degree in managerial economics. He also holds the Chartered Financial Analyst designation.

"Bob brings an exceptional track record and a wealth of industry experience which will contribute to the future growth and expansion of our Investment Division," noted Krei. "We are very pleased to have someone of his caliber leading our Investment Division and Capital Markets businesses."

Marshall & Ilsley Corporation (NYSE: MI) is a diversified financial services corporation headquartered in Milwaukee, Wis., with $58.3 billion in assets. Founded in 1847, M&I Marshall & Ilsley Bank is the largest Wisconsin-based bank, with 192 offices throughout the state. In addition, M&I has 48 locations throughout Arizona; 30 offices along Florida's west coast and in central Florida; 16 offices in Kansas City and nearby communities; 22 offices in metropolitan Minneapolis/St. Paul, and one in Duluth, Minn.; three offices in Tulsa, Okla.; and one office in Las Vegas, Nev. M&I's Southwest Bank subsidiary has 17 offices in the greater St. Louis area. Metavante Corporation, a wholly owned subsidiary, provides a full array of technology products and services for the financial services industry. On April 3, 2007, Marshall & Ilsley Corporation announced its plans to split Metavante Corporation and Marshall & Ilsley Corporation into independent publicly traded companies. M&I also provides trust and investment management, equipment leasing, mortgage banking, asset-based lending, financial planning, investments, and insurance services from offices throughout the country and on the Internet (http://www.mibank.com or http://www.micorp.com). M&I's customer-based approach, internal growth, and strategic acquisitions have made M&I a nationally recognized leader in the financial services industry.

Edited by: Erin Kello

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE