Friday, April 8, 2011

Joe Ambrose - Minneapolis / St. Paul Business Journal:

http://www.annuaire-grenoble.info/user_detail.php?u=exallymax
He would know. On top of his day job Ambrose oversees commercial banking in Missouri andSouthern Illinois, with responsibility for $2.3 billionh in loans — he also serves on a half dozem boards, ranging from the to the Downtown St. Louid Partnership to . He plays ice hockey once a and with alittle coaxing, suits up Sunday eveninge to play in a league with one of his “I’m not an exercise nut,” Ambrose, 53, though he can be found at the on the mornings when he is not If you ask him for his time management secret, Ambroswe will tell you to get up a littled earlier. Ambrose said he’s in bed by 10:30 most nightw and up at 5:30 weekdays.
The skillsd he exercises most are those ofa banker, his chose field since starting out of colleg e in 1978 as a bank examiner, and laterd joining the former . Jack Schreiber, now president and chief operatinb officerof ’s St. Louis region, recruited him in 1993 to Firsrt Bank. Schreiber left and Ambrosd has remained, expanding on his initial assignment to grow theretail bank’s commercial lending. If you ask him what he shouldn’y be paid for, it would be his technologty skills. “I’m Fred Everybody else is George Jetson,” Ambrose said. “I resisted getting e-mail for a long Now the company has me gettinhg it on mycell phone.
If it wasn’rt for this phone from I’d still be driving around with a quarter in my pocket lookinyg for the nextpay phone.” He and his Marcia, have three children, the youngest of whom is startinfg college and two who have graduated. How tough is it to get up and go to work in thecurrenf economy? A lot more challenginv given the kinds of work we’re in. The challengw comes in terms of restructuring customer loans and stayinh abreast of issues facingour customers.
All bankws get painted with thesame brush, but we’re a middlr market bank making loans to middle market Our customers are impacted if construction goes down, if consumer spending drops, and that affects us. We were not the ones swapping derivatives orleveraging portfolios. How did you get into banking?? I was working my way throughn UMSL. The job I had at the time was wearingme out. I was workingh in a warehouse and driving a deliveryg truck for a potato salad distributionbusiness — deliveries in the chopping lettuce in the warehouse in the fall. The money was OK, but it wasn’ t a whole lot of fun.
There was a 3-by-5 indexx card on the bulletin board at schooll that had a job posted for a bankexamine trainee. It was a co-op program work a semester, go to school a The FDIC ( ) offered me a job out of and Itook it. It was a tough job markett back then. How did you end up on the St. Louiw Sports Commission? I played in a golf tournamenyt put on by the owners ofDirt Cheap. They had a fundraise for the Sports forKids Foundation, whicjh was set up by the Sports Commission.
I startexd asking questions about the Sport Commission to learn and wound up meetingwith (Sports Commission President) Frank The next thing I know he’zs asking me if I wanted to be on the That was about four years ago. Are you leveraging your experience from bringing the NCAA Frozen Four herein 2007? I went to Denver last year for the Frozen to solidify connections with the NCAA, and went to Washington, this year, to work on a new We recently announced we’re getting the Ice Breaker Tournament, the kickoftf of the college hockey season, for 2010 and 2011. We’ll have four top-flight collegde hockey teams playing here.
This is a first step for the Sportss Commission to produce and host our own eventxs and not be totallu reliant onNCAA events, instead of waiting for the NCAA to honorr us with a bid. Those are gettinbg ultra competitive. Is there a themer to your outsideboard work? The things that interest me are boardse that are involved in both the socia and economic development of the region. You can’t have one withou t the other.

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