KANSAS CITY, Mo. (June 2, 2014) — UMB Financial Corporation (Nasdaq: UMBF) is pleased to announce that Morgan Littell has joined UMB as vice president of business aviation development. Littell has 16 years of experience in aviation including aircraft finance, private jet charters, maintenance repair overhaul and original equipment manufacturers (OEMs).
“Morgan’s years of varied experience in aviation will be a tremendous benefit to clients,” said Gil Trout, chief executive officer of UMB’s Kansas and Oklahoma regions. “This is a strategic and timely hire for UMB as we focus on growing our aviation finance offering and expertise in this industry.”
Littell’s responsibilities include providing business aviation expertise to clients and prospects domestically, as well as managing the financing of new and pre-owned personal- and business-use aircraft, including helicopters, jets and turbo props.
She was most recently the manager of sales and customer relations at AMETEK B&S Aircraft – a class I, II and III repair station with an unlimited rating from the Federal Aviation Administration. She began her career at Raytheon Aircraft Company. Littell holds a Bachelor of Science from the University of Kansas, as well as a master’s of business administration from Wichita State University. She is a member of Women in Corporate Aviation.
“We see tremendous opportunity in aviation financing as businesses look to purchase private aircrafts as a convenient and efficient air travel alternative to commercial airlines,” said Craig Anderson, president of commercial banking at UMB. “As a commercial lender with more than 100 years of experience, we are always looking at ways to innovate for our clients. Aviation financing is an excellent example of an important tool that many are now considering as a practical means to improved business travel.”
UMB Financial Corporation (Nasdaq: UMBF) is a diversified financial holding company headquartered in Kansas City, Mo., offering complete banking services, payment solutions, asset servicing and institutional investment management to customers. UMB operates banking and wealth management centers throughout Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska, Arizona and Texas. Subsidiaries of the holding company include companies that offer services to mutual funds and alternative-investment entities and registered investment advisors that offer equity and fixed income strategies to institutions and individual investors. For more information, visit umbfinancial.com, umb.com, blog.umb.com or follow us on Twitter at @UMBBank, Facebook at facebook.com/UMBBank and LinkedIn at linkedin.com/company/umb-bank.