Community Bankers Trust Corporation, the holding company for Essex Bank (the “Company”) (NYSE Amex: BTC), announced today changes in its senior management. The changes reflect a renewed focus on the Bank’s internal growth and efficiencies, as the Bank is placing operational emphasis on efficiency and effectiveness in light of current economic conditions.
George M. Longest, Jr., the Company’s President and Chief Executive Officer, stated, “We are committed to being the premier provider of financial services, meeting the needs of our markets, building trust and confidence in the relationships with our customers through superior service, competence, accuracy, courtesy and safety and soundness at all times. We have grown substantially over the past two years, and we want to ensure that we are focusing and addressing our goals for profitability, and ensuring that we have the appropriate oversight and operating systems in place to effectively run an institution of our size.”
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.