Franklin National Names Executive

MIDDLE ATLANTIC

Franklin National Bank, Washington, and Franklin National Bank of Virginia have appointed Joseph B. Gildenhorn as chairman of its board of directors.

He succeeds Joseph R. Schuble.

Mr. Gildenhorn was ambassador to Switzerland and a founding partner of the JBG Companies, Washington, a real estate development and management company.

He was also vice chairman of Sovran/DC National Bank and a director of Sovran Financial Corp., both now a part of NationsBank.

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