Cordia Bancorp in Midlothian, Va., has named O.R. "Ed" Barham president and chief executive of Bank of Virginia.
Barham was previously CEO of StellarOne in Charlottesville, Va., until it was acquired in 2013 by Union Bancshares. Barham will report to Jack Zoeller, CEO of the $325 million-asset Cordia, and he will be based in Richmond, Va.
Barham succeeds Richard Dickinson, who resigned as president on Feb. 6 and as chief operating officer to join the $5.8 billion-asset TowneBank. Zoeller had previously held the title of Bank of Virginia CEO.
Zoeller remains chairman of Bank of Virginia and Peter Grieve remains chairman of Cordia.
"[Barham] is a superb guy in [mergers and acquisitions]," Zoeller said in an interview, identifying M&A as a part of the bank's strategic plan. "We're upping our game in that. We're both seasoned guys in the M&A area. You match what you want to with what's on the market."
Barham was CEO at Virginia Financial Group in Culpeper, Va., between 2002 and 2008, and CEO at Virginia Commonwealth Financial between 1998 and 2002.