Glen Allen, Va., USA - April 16, 2010, Glen Allen, Va., USA - Community Bankers Trust Corporation, the holding company for Essex Bank , announced changes in its senior management.
Article continues below
M. Andrew McLean will be the Bank’s Executive Vice President and Corporate Development Officer and will be responsible primarily for identifying and managing the Bank’s key banking relationships.
Mr. McLean has been the President of the Bank since 2008 and President and Chief Executive Officer of TransCommunity Bank and Bank of Goochland, two of the Company’s predecessors. Mr. Longest, who also serves as the Bank’s Chief Executive Officer, will add the title of President.
Rex L. Smith, III will be the Bank’s Executive Vice President and Chief Banking Officer and will be responsible for commercial banking, retail operations and fee-income business lines in all of the Bank’s markets.
Mr. Smith joined the Bank in 2009 as Chief Administrative Officer and has 29 years of experience in the banking industry in the Richmond and Charlottesville, Virginia areas, including serving as the Central Virginia President for Gateway Bank and Trust and President and Chief Executive Officer of The Bank of Richmond.
William E. Saunders, Jr. will be the Bank’s Executive Vice President and Chief Operating Officer and will be responsible for human resources and training, deposit operations, information technology and operations risk management.
Mr. Saunders has been with the Bank since 2004, most recently serving as the Bank’s Senior Vice President – Chief Risk Officer. He was also an examiner with Virginia’s Bureau of Financial Institutions from 2001 to 2004.
Douglas D. Wall has been hired as the Bank’s Chief Credit Officer and oversees the Bank’s credit administration and credit risk management. Most recently, Mr. Wall served briefly as Chief Credit Officer for Hampton Roads Bankshares, Inc. and for eight years as Senior Vice President at Capital One Bank.
Mr. Wall has 29 years of experience in the banking industry in the Virginia and North Carolina area, including 20 years of senior credit risk management experience at the former Wachovia Bank.
Lawrence N. Ashworth, who had served as Chief Credit Officer since joining the Bank in 2009, has moved to a new Chief Lending Officer position with the Bank. Mr. Ashworth, who has 38 years of experience in the banking industry in the Richmond area, oversees the production of new business and the management of the existing loan portfolio by the Bank’s lenders.
The Company has eliminated the position of Chief Strategic Officer, and Gary A. Simanson, who had held that position since 2008, and the Company have terminated their employment relationship.
The Company also reported changes in its financial and accounting department. Laureen D. Trice has been appointed the Bank’s Controller. Ms. Trice joined the Bank in February 2010 and had been a Vice President and Assistant Controller with LandAmerica Financial Group, Inc. since 2003. She has 19 years of in-house financial and accounting experience, 10 of which were with SunTrust Bank. ■