Up Close: President of UMB Bank

Photo courtesy of Kansas City Business Journal

The man spearheading an effort to make Kansas City America’s “most entrepreneurial city” grew up and spent most of his professional life on the East Coast. But Peter deSilva has called Kansas City home since the culmination of a personal and corporate relationship with the Kemper family at UMB Bank, of which he used to be a client, in 2004. That’s when he became COO and president of UMB Financial Corp. He is active with theGreater Kansas City Chamber of Commerce, where he leads an entrepreneurship initiative at the heart of collaboration discussions with partners, including the University of Missouri-Kansas City and the Ewing Marion Kauffman Foundation. He’s also trying to shake up the capital community with get-togethers that have local investors meeting one another for the first time.

On entrepreneurs and financial services:

“Entrepreneurs aren’t naturally businesspeople. We assume that they are. They’re not. They’re idea people. They’re people who can take an idea, turn that idea into a concept and turn that concept into a business. But what we learned is that they need a lot of support in running that business. … How do you build a budget? How do you build a marketing program? How do you build an operational infrastructure as the company grows?”

Read more on Kansas City Business Journal.


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