Virginia Commerce Names Risk, Security Chiefs

Virginia Commerce Bank (VCBI) in Arlington has promoted two executives.

Christopher Ewing has been named the bank's chief risk officer and will remain chief operations officer, Virginia Commerce said Tuesday. He joined the bank in 2011 and previously worked for Capital One Financial (COF) and Commerce Bank (CBSH).

Wendy Dunham has been promoted to chief security officer. Her new role adds facilities management to her existing duties of managing bank and information security for the $2.8 billion-asset company. Dunham has been with the bank since 2003.

Dunham and Ewing "have both played an important role in the development and execution of VCB's prudent risk management practices," Chief Executive Peter Converse said. "They will continue to drive the initiatives that enhance our approach to handling total institutional risk and ensure that the daily operations of our company and value of our stockholders' investment are safeguarded."

Virginia Commerce agreed to sell itself to United Bancshares (ESBI) for $491 million in January, after overcoming credit troubles. It repaid its Troubled Asset Relief Program funds at the end of 2012.