MARTINSVILLE, Va.--(BUSINESS WIRE)--
Carter Bank & Trust (OTCQX:CARE) announced today that its director of
regulatory risk management, Loran Adams, has been promoted to executive
vice president. Adams joined Carter Bank & Trust in January 2017 as
senior vice president.
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Carter Bank & Trust promotes Loran Adams to executive vice president. (Photo: Business Wire)
Carter Bank & Trust Chief Executive Officer Litz Van Dyke said, “In a
short period of time with Carter Bank & Trust, Loran Adams has been
influential in building a comprehensive enterprise risk management
infrastructure that will position us for future growth. His analytics,
strategic thinking and ability to work collaboratively with our
executive team make him a valuable contributor to our overall governance
practices.”
“On behalf of our executive team and board of directors, I congratulate
Loran for a promotion that is well-deserved,” Van Dyke added.
Adams has three decades of internal auditing and risk management
experience in the banking industry. Prior to joining Carter Bank &
Trust, he was the director of internal audit for George Bank and Trust
in Augusta, Georgia.
Adams earned his bachelor’s degree in business administration from
Francis Marion College in Florence, South Carolina. He is a member of
the Virginia Bankers Association’s Enterprise Risk Management Committee
and frequent conference speaker on various risk management and
leadership topics.
About Carter Bank & Trust:
Headquartered in Martinsville, Va., Carter Bank & Trust is a
state-chartered community bank in Virginia with 105 branches and more
than 1,000 employees in Virginia and North Carolina.
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Kim E. Adkins
Vice President and Director of Marketing
276.336.4384
(direct)
276.252.2679 (cell)
Source: Carter Bank & Trust