Edward Furman
Chief Investment Officer
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- Full Name
- Edward "Ed" Furman
- Title
- Chief Investment Officer
- Firm
- First Bank (operating subsidiary of First Banks, Inc., which now files with the SEC as "FB Corp," CIK 0000710507)
- Firm Type
- Privately held, family-owned commercial bank holding company (SIC 6022 – State Commercial Banks)
- Location
- St. Louis metro area, Missouri (First Banks corporate offices in Creve Coeur, MO 63141; historic headquarters at 135 N. Meramec Ave., Clayton, MO)
Background
Edward ("Ed") Furman is the Chief Investment Officer at First Bank, the St. Louis–based commercial bank that operates as the principal subsidiary of First Banks, Inc. First Bank traces its roots to 1906 and is one of the larger privately held, family-controlled banking organizations in the United States, offering personal and business banking, mortgage lending, commercial banking, treasury management, and wealth management across Missouri, Illinois, and California. In a bank of this type, the Chief Investment Officer role centers on managing the institution's investment securities portfolio, balance-sheet/liquidity positioning, and interest-rate strategy — an internal treasury function rather than outside/venture investing.
First Banks, Inc. is headquartered in the St. Louis area (corporate offices on Olive Boulevard in Creve Coeur, MO, with a longtime downtown presence at 135 N. Meramec Avenue in Clayton). The main corporate telephone number is (314) 995-8700, consistent with the contact details on record for Furman ([hidden]). The company was formerly named "First Banks Inc." and "First Banks, Inc." and now files under the name "FB Corp."
Beyond confirmation of his title and employer, publicly available biographical detail on Furman is limited. He is listed as Chief Investment Officer at First Bank on third-party executive databases (Crunchbase, Bloomberg, and The Org's mapping of First Bank's leadership team, which also includes COO Shelley Seifert, CIO/technology lead Bala Nibhanupudi, Chief Commercial Banking Officer Tim Fogerty, and First Bank Mortgage president Bill Kusman). He does not appear on First Bank's client-facing Wealth Management team page, which is consistent with a corporate/enterprise investment role rather than a retail advisory one. A search of SEC EDGAR full-text filings returned no filings naming "Edward Furman," indicating he is not a Section 16 named executive officer of the holding company.
Investment Thesis & Focus
- No publicly stated *personal* investment thesis (of the kind an angel or VC would publish) could be located. Nothing was found to indicate that Furman makes seed-stage or startup investments in his own name or on behalf of the bank's venture arm.
- His role as Chief Investment Officer of a bank implies responsibility for the institution's investment-securities portfolio, liquidity, and interest-rate/balance-sheet strategy — a fiduciary, risk-managed mandate governed by banking regulation, not a discretionary startup check-writing mandate.
- Any equity/wealth investing at First Bank is delivered through its separate Wealth Management division (portfolio managers and private wealth advisors in St. Louis, Los Angeles, Santa Barbara, San Diego, and Orange County), which is a distinct team from Furman's corporate CIO office.
Notable Investments
- None verifiable. No angel investments, seed rounds, venture deals, or named portfolio companies attributable to Edward Furman could be found in any source. Given his verified role (in-house bank CIO), there is no public startup portfolio to list. Rather than fabricate deals, this section is left as an explicit "not found."
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