F&M Bank Allegiance in Bethesda, Md., has hired R. Hugh Rial Jr. as president and chief executive officer.

The bank is a subsidiary of F&M National Corp. in Winchester, Va.

Mr. Rial had been senior vice president and head of the commercial real estate division at Riggs Bank. Before he joined Riggs, he was with Mellon Bank in Pittsburgh.

At F&M he succeeded H.L. Ward, who left to become president and CEO of Eagle Bank in Silver Spring, Md.

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