Bank of Virginia Appoints Roy I. Barzel as Chief Credit Officer
28 4월 2011 - 6:30AM
Jack Zoeller, Chairman and CEO of Bank of Virginia (Nasdaq:BOVA)
(www.bankofva.com), has announced the hiring of
Roy I.
Barzel as the Bank's new Executive Vice President and
Chief Credit Officer, subject to regulatory approval.
Mr. Barzel brings to Bank of Virginia over 27 years' experience
in commercial banking and credit management. His professional
expertise includes commercial and real estate loan underwriting,
problem loan management, credit policy development, credit
administration, risk management and regulatory compliance.
Barzel has spent the bulk of his career with SunTrust Bank and
its predecessor organizations, Crestar Bank and United Virginia
Bank, in Richmond, VA. Most recently he was a senior vice
president and regional senior credit officer in commercial real
estate with SunTrust. In that capacity, he managed a
portfolio in excess of $1.25 billion in exposure and oversaw credit
underwriting and risk management disciplines for SunTrust at
various times in Hampton Roads, Virginia, Maryland and the Greater
Washington Region.
"We are delighted to have a chief credit officer of Roy's
caliber join Bank of Virginia's management team. His
expertise will contribute to strengthening our credit culture while
enabling the bank to grow its loan portfolio prudently and
confidently," said Jack Zoeller, Chairman and CEO.
Roy holds a Bachelor of Science degree and a Masters degree in
Business Administration from the University of Florida in
Gainesville, Florida. He resides in Richmond with his wife,
Beth, and their two children Sophie and Jonah.
About Bank of Virginia
Bank of Virginia, a Virginia state chartered bank headquartered
in Midlothian, Virginia, currently operates five full-service
offices in the counties of Chesterfield and Henrico, Virginia. Bank
of Virginia's common stock is traded on the NASDAQ stock market
under the quotation symbol "BOVA." Additional investor relations
information can be found on the internet at www.bankofva.com. Bank
of Virginia is a member of the FDIC and an Equal Housing
Lender.
DISCLAIMER
This news release may include forward-looking statements. These
forward-looking statements are based on current expectations that
involve risks, uncertainties and assumptions. Should one or more of
these risks or uncertainties materialize or should underlying
assumptions prove incorrect, actual results may differ materially.
These risks include: changes in business or other market
conditions; the timely development, production and acceptance of
new products and services; the challenge of managing
asset/liability levels; the management of credit risk and interest
rate risk; the difficulty of keeping expense growth at modest
levels while increasing revenues; and other risks detailed from
time to time in the Bank's periodic filings with the Board of
Governors of the Federal Reserve System, including the Bank's
annual report on Form 10-KSB as filed with the Board of Governors
of the Federal Reserve. Pursuant to the Private Securities
Litigation Reform Act of 1995, the Bank does not undertake to
update forward-looking statements contained within this news
release.
CONTACT: Jack Zoeller,
Chairman and CEO
804-763-1333
Bank OF Virginia (NASDAQ:BOVA)
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