UMB Bank, a subsidiary of UMB Financial, expanded its collateralized loan obligation (CLO) trustee and loan administration team with the hire of Henry Brigham, Willis Hwang and David Knecht. They join a seasoned team led by senior vice presidents Alex Cormas and Vincent Pham, bringing with them a wealth of expertise that will significantly enhance UMB’s capabilities in the CLO market. They will report to Pham, who is head of CLO administration.
- Brigham, team manager, leads senior relationship management for the CLO group. Most recently, he was with Wilmington Trust as vice president, CLO, borrowing base and loan administration services.
- Hwang, relationship manager, supports senior relationship management. His most recent role was vice president, senior relationship manager, CLO trustee at Wilmington Trust.
- Knecht, team manager, leads CLO business solutions and intelligence. Prior to taking on this role, he was with Wilmington Trust as senior vice president in the CLO transaction servicing team.
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“We are thrilled to welcome Henry, Willis and Dave to our team,” Pham said. “With the expansion of our CLO administration platform, the extensive experience and proven track records they bring are perfectly timed. We are excited to have them on board as we deliver our expanded service offering to the market, meeting the growing demands of both current and future clients.”
“We are continuing to see a clear and growing desire from investment managers for additional support in this area from their trustees,” Mark Flannagan, executive director of specialty trust and agency solutions at UMB, said. “This trio brings outstanding experience and further cements our commitment to providing clients with the highest level of expertise and service.”
