Duke Named CEO Of Tidewater Bank

Elizabeth A. Duke, president, chief financial officer, and a director of the Bank of Tidewater, Virginia Beach, Va., has been appointed chief executive officer.

Ms. Duke succeeds former chairman and CEO J. Burton Harrison Jr., who died on Aug. 10.

"With over 15 years in community banking," said incoming chairman Patrick L. Standing, "she has proven senior management skills, a highly respected lending record, and enjoys the trust and admiration of our investors, customers, and employees. She will be an effective, forward-thinking CEO who will keep us on course.

Ms. Duke began her banking career with the First and Merchants National Bank in 1975. She move to Bank of Virginia Beach when it opened in 1976. In 1985 she helped organize the new Bank of Tidewater as a director, vice president, and chief financial officer. In 1987 she became the bank's president, one of only 200 women bank presidents in the continental United States.

Ms. Duke has taught bank management at the University of Virginia/Consumer Bankers Association Graduate School of Retail Banking, the University of Colorado/American Bankers Association School of Bank Investments, the Electronic Data Systems Executive Banking Seminar, and at the Federal Deposit Insurance Corp. Training Center for bank examiners.

Active in national and state banking associations, Ms. Duke is currently chairman of the ABA's Bank Simulation Task Force and has served as a trustee on the association's School of Bank Investments. She is a director of the Virginia Bankers Association and chairman of the group's board of trustees of the Virginia Bankers School of Bank Management.

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