Mark McGruder, former senior vice president for the public finance investment banking division at UMB Financial Corp., has joined BOK Financial Securities, Inc. as leader of municipal bond underwriting and trading.
McGruder will head the organization’s municipal bond underwriting and trading activities from its Texas municipal finance headquarters in Richardson, Texas.
“We are proud of the strength and reliability of our underwriting expertise, especially in the municipal bond space,” said Brett Dean, president of BOK Financial Securities. “Mark will also play a key role in improving our client reach in the Texas market.”
At UMB, McGruder helped expand investment banking efforts in Texas and throughout the Midwest.
Prior to his time at UMB, McGruder was a managing director and national head of municipal syndication with Hilltop Securities, where he spent 14 years. As a senior underwriter, he was responsible for the management of the competitive and negotiated underwriting teams. He also solicited and presented new issue opportunities with public finance and investment banking.
BOK Financial Corp. is a $38 billion regional financial services company headquartered in Tulsa, Oklahoma, with $78 billion in assets under management and administration. The company's stock is publicly traded on NASDAQ under the Global Select market listings BOKF.
BOKF operates banking divisions in Oklahoma, Texas, New Mexico, Kansas, Colorado and Missouri.
