WASHINGTON, June 30, 2017 /PRNewswire/ -- The National Capital Bank of Washington (NCB) announced today that Robert B. Donohoe, Sr. has been elected Chairman of its Board of Directors. Following the unexpected passing of Thomas A. Barnes, the Bank's former Chairman, earlier this month, Donohoe will lead NCB's board, effective immediately. Donohoe was appointed to the Board in July, 1988 and has served on various committees, including, Audit, Directors Loan and Investment, and Corporate Governance during his tenure.
Donohoe serves as Chairman and CEO of The Donohoe Companies, Inc., the parent of Donohoe Construction, Donohoe Development Company, Donohoe Real Estate Services, Donohoe Hospitality Services and Complete Building Services. He is a well-respected businessman with deep roots in the Washington, D.C. business community.
"Bob's long-term commitment and leadership will be invaluable to our core mission of adding value to the community by providing a financially secure and ethical place to bank and work," said Randy Anderson, president and CEO of National Capital Bank.
"Having been a part of National Capital Bank for so many years, I am looking forward to the opportunity of working with my fellow board members and the Bank's executive team to realize the strategic vision of this growing company," commented Bob Donohoe.
The National Capital Bank of Washington was founded in 1889 and is Washington's Oldest Bank. NCB is headquartered on Capitol Hill with a second branch located in Friendship Heights, as well as a residential mortgage office and a wealth management services office. The Bank trades under the symbol NACB.
For more information about NCB, visit www.nationalcapitalbank.com
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SOURCE The National Capital Bank of Washington