JOSEPH J. GAZZOLI NAMED CHIEF EXECUTIVE OFFICER OF ENTERPRISE TRUST

June 21, 2011 (St. Louis) – Enterprise Financial Services Corp (NASDAQ: EFSC) announced the appointment of Joseph J. Gazzoli as Chief Executive Officer of Enterprise Trust, the Company’s wealth management and trust line of business.

Gazzoli has more than twenty years experience in the financial services industry, having held senior management posts at several leading firms. Most recently, he was retained by AHM Financial to establish an asset management capability for that organization.

Previously, he served as Executive Vice President and head of asset management for UMB Financial, responsible for investment and wealth management, institutional asset management and personal and corporate trust.

He led TIAA-CREF’s entry into the trust business as the first chief executive of TIAA-CREF Trust Company upon its formation.

Gazzoli also served as Executive Vice President in charge of Personal Trust for the former Boatmen’s Trust Company, where he was responsible for managing its $20 billion personal trust and investment business.

Peter Benoist, Enterprise Financial’s President and CEO, commented, “Joe’s breadth of experience with large and successful wealth management firms adds considerable heft to our Enterprise Trust management team. He will be instrumental in accelerating the growth and profitability of our wealth management business across our three markets.”

Gazzoli earned a B.A. with distinction from the University of Virginia and a J.D. from the Saint Louis University School of Law. He is a member of the Missouri Bar Association.

A native of St. Louis, Gazzoli has been actively involved with numerous civic and charitable organizations, including the Churchill Center, Rossman School, the Haven of Grace, Fontbonne University, the City of Ladue and Forsyth School.

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Readers should note that in addition to the historical information contained herein, this press release contains forward-looking statements, which are inherently subject to risks and uncertainties that could cause actual results to differ materially from those contemplated from such statements. We use the words “expect” and “intend” and variations of such words and similar expressions in this communication to identify such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, burdens imposed by federal and state regulations of banks, credit risk, exposure to local and national economic conditions, risks associated with rapid increase or decrease in prevailing interest rates, effects of mergers and acquisitions, effects of critical accounting policies and judgments, legal and regulatory developments and competition from banks and other financial institutions, as well as other risk factors described in Enterprise Financial’s 2010 Annual Report on Form 10-K. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update them in light of new information or future events.

Enterprise Financial operates commercial banking and wealth management businesses in metropolitan St. Louis, Kansas City and Phoenix. Enterprise is primarily focused on serving the needs of privately held businesses, their owner families, executives and professionals.

150 North Meramec
Clayton, Missouri 63105

This release was published on openPR.