Industry

Scout Investment Advisors Inc., a division of UMB, announced Wednesday that it hired Andrew Iseman as its chief executive officer.

Royal Bank of Scotland announced on Tuesday that it hired Rory Tapner as CEO of its Wealth Division.

Asset manager breaks away from Deutsche.

Wells Fargo adds Bonnie Humphrey and Christopher Ross to its Washington operation as part of expansion efforts.

AXA Investment Management has nabbed former Mercer Global CIO Tim Gardener to head global consultant relations.

The Kansas City-based unit of UMB Financial Corp. hired Andrew Iseman as its new CEO.

He will replace Gary Wendlandt, the current vice chairman and chief investment officer, who will retire at yearend.

After three months of an active industry search, Grubb & Ellis has opted to name Michael Rispoli, the current CFO of its investment subsidiary, as the new lead financial officer and executive VP for the real estate services investment firm.

While quantitative analysts may feel they are no longer taking the blame for the financial crisis, they believe their work is still “misunderstood” by top executives.

Kathleen Hegenbart remembers the moment, five months ago, that proved a turning point for her. As is often the case in real life, it was not a dramatic office showdown. It was lunch. On a Wednesday.