Twenty-five year veteran of the financial field Ramsey Hamadi has joined Bay Banks of Virginia as chief strategic officer.
Hamadi will work with the board of directors and manage balance sheet strategies and risk management oversight for the holding company of Virginia Commonwealth and VCB Financial Group
"Ramsey is well-respected within the financial industry and with his extensive experience and proven background, he will play an integral role in helping our institution develop strong efficiency and growth strategies," Bay Banks of Virginia President and CEO Randal Greene said in a statement.
Hamadi most recently served at American National Bank and Trust Co. as chief administrative officer. He previously held the chief financial officer position at NewBridge Bancorp for seven years, and also served at Pulaski Financial Corp. as chief financial officer for eight years.
"I am honored to join Bay Banks of Virginia and to work with the board and executive team," Hamadi said in a news release. "They are a quality group whose accomplishments are impressive. With the recent addition of Judy Gavant as chief financial officer and Bill Callaghan as chief administrative officer, this team has the skills and experience to transform this Company in a way that delivers consistent growth in shareholder value."