First Bank and Trust Company Appoints Bowen as SVP - Credit Admin
James T. Bowen II's New Role at First Bank and Trust Company
First Bank and Trust Company is excited to announce a significant advancement in its leadership team with the promotion of James T. Bowen II to Senior Vice President of Credit Administration. After dedicating 13 years to the organization, Bowen, who has been a pivotal part of the bank's success, brings extensive credit management expertise to his new role, where he will oversee the bank's loan portfolio and enhance its credit culture.
Experience and Achievements of James T. Bowen II
A 2008 graduate of Virginia Tech with a Bachelor of Science in Finance, Bowen has shown exemplary leadership throughout his career, particularly as Vice President of Credit Administration, a position he has held since March 2019. Over the years, he has honed his skills in credit analysis, loan review, and portfolio management, gaining a deep understanding of the banking industry's complexities.
Commitment to Excellence
Expressing his enthusiasm for the new position, Bowen stated, "I'm excited about the opportunity to work directly with a talented group of leaders at the bank. This role allows me to help further the strong credit culture that First Bank and Trust has established, promoting an environment conducive to sound credit decisions and maintaining a high-quality loan portfolio." His proactive approach reflects his dedication to the bank's mission and values.
Goals for the Future
Bowen's promotion underscores the bank's commitment to maintaining high standards in credit administration. He will play a critical role in ensuring that First Bank and Trust Company's strategies align with long-term growth objectives, focusing on sound risk management practices. By overseeing the loan portfolio, he aims to enhance not only quality but also the strategic decision-making process of credit analysis and appraisal management.
Leadership Recognition
Raleigh Hayter, SVP/Chief Credit Officer, commended Bowen's relentless dedication, saying, "James has consistently demonstrated exceptional leadership throughout his career with us. His promotion is a testament to his hard work and commitment to our values. We are confident that he will elevate our credit administration efforts to new heights." This recognition reflects not only on Bowen but also on the supportive environment fostered within the bank.
Engagement in the Banking Community
In addition to his professional accomplishments, Bowen is actively involved with the Virginia Bankers Association's Lending Executives Group. This involvement emphasizes his commitment to growing within the banking industry and understanding the evolving needs of the market. His advocacy for best practices in lending showcases his dedication to enhancing the financial landscape in the region.
About First Bank and Trust Company
First Bank and Trust Company stands out as a leading community bank known for its diversified financial services. With numerous branches across various states, it ensures comprehensive financial solutions for its customers. The bank offers a range of products including free checking accounts, savings, mortgage, agricultural, and commercial lending solutions. Wealth management services are also available, illustrating the bank's all-encompassing approach to financial assistance.
Frequently Asked Questions
What is the recent promotion at First Bank and Trust Company?
James T. Bowen II has been promoted to Senior Vice President of Credit Administration, reflecting his significant contributions to the bank.
What will Bowen oversee in his new role?
He will manage the loan portfolio, ensuring high standards of credit analysis and appraisal management.
How long has Bowen been with First Bank and Trust Company?
Bowen has served the organization for 13 years, showcasing his dedication and expertise in the banking sector.
What is Bowen's educational background?
He is a graduate of Virginia Tech with a Bachelor of Science in Finance.
How does First Bank and Trust Company support its community?
The bank offers various financial products and services tailored to meet the unique needs of its community, promoting financial wellness.
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