Robert Faver: Leading UMB Bank in Arizona

Robert Faver has established himself as a prominent leader in the banking industry, serving as the President of UMB Bank’s Arizona region. With nearly 30 years of experience in financial services, Faver is a well-recognized figure in Arizona’s banking sector.

 His leadership style is centered around building strong relationships, a customer-focused approach, and deep community engagement. This article delves into his career journey, leadership philosophy, and the impact he has made within UMB Bank and beyond.

Early Career and Education

Faver’s path into the banking world began unexpectedly. As the son of a farmer, he initially had no plans of entering the financial sector. However, while pursuing a finance degree at Arizona State University, he took a part-time job at Bank One to support his MBA studies. It was during this time that his passion for helping clients and serving in the financial sector ignited.

He eventually earned an MBA, sharpening his expertise in finance and business management. These academic accomplishments became the cornerstone of his successful career in banking.

Professional Growth at UMB Bank

In 2011, Faver joined UMB Bank and quickly demonstrated his ability to excel. Initially holding the role of Senior Vice President and Chief Credit Officer, he skillfully managed commercial banking operations and fostered key client relationships. By 2013, his outstanding performance led to his promotion as President of UMB Bank’s Arizona region.

In his current role, Faver leads UMB’s commercial banking team in Arizona, overseeing market expansion, maintaining long-term client partnerships, and driving the bank’s strategic growth initiatives.

Leadership Style and Philosophy

Faver’s leadership philosophy revolves around the power of authentic relationships. While he acknowledges the importance of technology, he firmly believes that face-to-face interactions are irreplaceable when it comes to building meaningful connections. He encourages his team to prioritize these personal interactions to foster trust and loyalty among clients.

As a servant leader, Faver empowers his team by emphasizing empathy, listening, and providing strategic guidance. He views banking not just as a business of offering financial products, but as an opportunity to educate and build trusting, long-lasting relationships with clients. 

A notable example of his leadership was during the COVID-19 pandemic, when his team played a pivotal role in assisting businesses with the Paycheck Protection Program (PPP), demonstrating their commitment to supporting the local community during difficult times.

Community Involvement and Personal Values

Faver’s impact extends beyond his professional life, as he is deeply committed to community service. He actively serves on the boards of Teach for America in Phoenix and the Phoenix Art Museum, reflecting his dedication to education and the arts. These roles allow him to contribute to causes that promote educational equity and enrich the cultural landscape of the region.

In both his personal and professional life, Faver upholds strong values of integrity. He aims to be remembered not only for his success in banking but for his contributions to his community and his unwavering dedication to his family.

Overcoming Professional and Personal Challenges

Despite his many achievements, Faver has faced significant challenges. After undergoing several back surgeries, he had to give up playing tennis, a sport he loved. However, he found a new source of joy in teaching tennis to his daughter, allowing him to pass on his passion to the next generation.

Professionally, Faver recognizes the importance of managing perceptions. He strives to ensure that his empathy and support are genuinely felt by his team and clients, constantly working to strengthen his emotional intelligence as a leader.

Looking Ahead: Faver’s Vision for UMB Bank

Faver’s vision for UMB Bank in Arizona centers on sustained growth and a focus on client-centered service. He aims to make UMB the top banking choice for both individuals and businesses by continuing to build on the bank’s reputation for cultivating strong, lasting relationships. Client referrals and positive word-of-mouth are crucial to achieving this goal.

Additionally, Faver is passionate about nurturing young talent within the bank. He advises new hires to concentrate on relationship-building, viewing it as a key differentiator in the competitive financial industry.

Conclusion

Robert Faver’s leadership of UMB Bank in Arizona reflects his deep commitment to clients, his emphasis on authentic relationships, and his devotion to community service. From his beginnings as the son of a farmer to becoming a top banking executive, Faver’s adaptability, integrity, and passion for helping others have driven his success. Under his guidance, UMB Bank continues to flourish in Arizona, anchored by his belief in the importance of personal connections and servant leadership. 

As Faver looks to the future, he remains focused on promoting long-term growth while making a lasting, positive impact both within UMB Bank and throughout the Arizona community.

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