Robert Faver stands out as a prominent leader in the banking sector, particularly in his role as the President of UMB Bank’s Arizona region. With nearly three decades of experience in financial services, he has become a significant figure in Arizona’s banking landscape
. Faver’s leadership is characterized by a strong commitment to relationship-building, a customer-centric approach, and a dedication to community involvement. This article delves into his career trajectory, leadership philosophy, and the impact he has made both within UMB Bank and in the broader community.
Early Career and Education
Robert Faver’s entry into the financial sector was somewhat serendipitous. Raised as the son of a farmer, a career in banking wasn’t initially on his radar. However, while pursuing a bachelor’s degree in finance at Arizona State University, he took a part-time job at Bank One to support his MBA studies. This experience ignited his passion for helping clients, ultimately leading him to a successful banking career.
Faver later earned an MBA, further refining his expertise in finance and business management. These academic credentials laid the groundwork for his ascent in the banking industry.
Professional Growth at UMB Bank
Faver joined UMB Bank in 2011 and quickly climbed the corporate ladder. He began as Senior Vice President and Chief Credit Officer, showcasing his ability to manage commercial banking operations and forge strong client relationships. His exemplary performance led to his promotion in 2013 as President of UMB Bank’s Arizona region.
In this leadership role, Faver oversees the bank’s commercial banking team in Arizona, focusing on expanding UMB’s market presence, nurturing long-term client relationships, and driving strategic growth initiatives.
Leadership Style and Philosophy
Faver’s leadership approach is deeply rooted in the significance of genuine relationships. He believes that, despite the increasing reliance on technology for business communications, face-to-face interactions are irreplaceable. Faver encourages his team to prioritize personal connections whenever feasible.
As a servant leader, he emphasizes empowering his team and serving clients, championing empathy, active listening, and strategic guidance as essential leadership qualities. Faver contends that successful banking transcends the mere provision of financial products; it involves imparting knowledge and cultivating strong, trusting relationships.
A pivotal moment in Faver’s career occurred during the COVID-19 pandemic when his team played a vital role in assisting businesses with the Paycheck Protection Program (PPP). He takes pride in his team’s collective effort to support the community during such a challenging period.
Community Involvement and Personal Values
Beyond his professional responsibilities, Faver is deeply engaged in his community. He serves on the boards of Teach for America in Phoenix and the Phoenix Art Museum, reflecting his commitment to education and the arts. These roles enable him to contribute to initiatives promoting educational equity and enriching the region’s cultural landscape.
Integrity is another cornerstone of Faver’s personal and professional life. He strives to be remembered as a person of strong values, dedicated to his family and committed to making a meaningful impact on his community.
Professional and Personal Challenges
Despite his numerous achievements, Faver has encountered challenges along the way. A significant turning point in his personal life occurred after undergoing multiple back surgeries, which forced him to abandon his lifelong passion for tennis. However, he has found joy in teaching the sport to his daughter, sharing his love for tennis with the next generation.
Professionally, Faver recognizes that perceptions can sometimes diverge from intentions. He actively works on being more aware of how others perceive his empathy, ensuring that his team and clients feel genuinely understood and supported.
Looking Ahead: Faver’s Vision for UMB Bank
Faver envisions a future of continued growth and client-focused service for UMB Bank in Arizona. He aims to establish UMB as the preferred bank for individuals and businesses in the region, believing that achieving this goal relies heavily on positive client referrals and the bank’s reputation for nurturing strong, lasting relationships.
Furthermore, Faver is a staunch advocate for developing young talent within the bank. He advises new hires to prioritize relationship-building, seeing it as a crucial differentiator in a competitive industry.
Conclusion
Robert Faver’s leadership at UMB Bank Arizona is marked by his unwavering commitment to clients, focus on authentic relationships, and dedication to community service. His journey from a farmer’s son to a top banking executive exemplifies adaptability, integrity, and a passion for empowering others.
Under his stewardship, UMB Bank continues to flourish in Arizona, guided by his belief in the importance of personal connections and servant leadership. As he looks toward the future, Faver remains committed to fostering long-term growth and making a positive impact both within the bank and in the broader community.
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