Potomac Bankshares, Inc. and BCT-Bank of Charles Town Announce Shane Bell as Chief Financial Officer
Potomac Bankshares (OTC: PTBS) has appointed M. Shane Bell as Executive Vice President and Chief Financial Officer, following Dean Cognetti's retirement. Bell brings over 22 years of banking experience and will oversee the company's financial activities, including financial planning, capital management, and investor relations.
Bell's extensive background includes implementing accounting standards, managing internal controls, and handling interest rate and liquidity risk. Prior to this role, he served as a Manager at Yount, Hyde & Barbour, PC. He holds a CPA license, a B.S. in Accounting from Frostburg State University, and completed coursework at prestigious institutions. Bell has been active in community service, serving on various boards and committees.
Potomac Bankshares (OTC: PTBS) ha nominato M. Shane Bell come Vice Presidente Esecutivo e Direttore Finanziario, dopo il ritiro di Dean Cognetti. Bell porta con sé oltre 22 anni di esperienza nel settore bancario e supervisionerà le attività finanziarie dell'azienda, inclusi la pianificazione finanziaria, la gestione del capitale e le relazioni con gli investitori.
La vasta esperienza di Bell include l'implementazione degli standard contabili, la gestione dei controlli interni e la gestione dei rischi legati ai tassi di interesse e alla liquidità. Prima di questo incarico, ha lavorato come Manager presso Yount, Hyde & Barbour, PC. Possiede una licenza CPA, una laurea in Contabilità presso la Frostburg State University e ha completato corsi in istituzioni prestigiose. Bell è attivo nel servizio alla comunità, ricoprendo ruoli in vari consigli e comitati.
Potomac Bankshares (OTC: PTBS) ha nombrado a M. Shane Bell como Vicepresidente Ejecutivo y Director Financiero, tras la jubilación de Dean Cognetti. Bell aporta más de 22 años de experiencia bancaria y supervisará las actividades financieras de la empresa, incluyendo la planificación financiera, la gestión de capital y las relaciones con los inversores.
La amplia experiencia de Bell incluye la implementación de estándares contables, la gestión de controles internos y la gestión del riesgo de tipo de interés y de liquidez. Antes de asumir este cargo, trabajó como Gerente en Yount, Hyde & Barbour, PC. Posee una licencia de CPA, una licenciatura en Contabilidad de la Universidad Estatal de Frostburg y ha completado cursos en instituciones prestigiosas. Bell ha estado activo en el servicio comunitario, sirviendo en diversas juntas y comités.
포토맥 뱅크쉐어스 (OTC: PTBS)는 딘 코그네티의 은퇴에 따라 M. Shane Bell을 부사장 겸 CFO로 임명했습니다. Bell은 22년 이상의 은행 경험을 보유하고 있으며, 회사의 재무 활동을 감독할 것입니다. 여기에는 재무 계획, 자본 관리 및 투자자 관계가 포함됩니다.
Bell의 폭넓은 배경에는 회계 기준 구현, 내부 통제 관리 및 금리 및 유동성 위험 처리 등이 포함됩니다. 이 역할을 맡기 전, 그는 Yount, Hyde & Barbour, PC에서 매니저로 근무했습니다. 그는 CPA 자격증을 보유하고 있으며, Frostburg State University에서 회계 학사 학위를 받았고, 저명한 기관에서 수업을 이수했습니다. Bell은 다양한 이사회와 위원회에서 활동하며 지역 사회 서비스에도 적극 참여하고 있습니다.
Potomac Bankshares (OTC: PTBS) a nommé M. Shane Bell au poste de Vice-Président Exécutif et de Directeur Financier, suite à la retraite de Dean Cognetti. Bell apporte plus de 22 ans d'expérience dans le secteur bancaire et sera responsable des activités financières de l'entreprise, y compris la planification financière, la gestion du capital et les relations avec les investisseurs.
Le vaste parcours de Bell inclut la mise en œuvre des normes comptables, la gestion des contrôles internes et la gestion des risques liés aux taux d'intérêt et à la liquidité. Avant ce rôle, il a été Manager chez Yount, Hyde & Barbour, PC. Il détient une licence CPA, un B.S. en comptabilité de la Frostburg State University et a suivi des cours dans des institutions prestigieuses. Bell est actif dans le service communautaire, siégeant dans divers conseils et comités.
Potomac Bankshares (OTC: PTBS) hat M. Shane Bell zum Executive Vice President und Chief Financial Officer ernannt, nachdem Dean Cognetti in den Ruhestand gegangen ist. Bell bringt über 22 Jahre Bankerfahrung mit und wird die finanziellen Aktivitäten des Unternehmens überwachen, einschließlich der Finanzplanung, des Kapitalmanagements und der Investorenbeziehungen.
Bells umfangreicher Hintergrund umfasst die Implementierung von Rechnungslegungsstandards, das Management interner Kontrollen und das Management von Zins- und Liquiditätsrisiken. Vor dieser Position war er als Manager bei Yount, Hyde & Barbour, PC tätig. Er besitzt eine CPA-Lizenz, einen B.Sc. in Rechnungswesen von der Frostburg State University und hat Kurse an renommierten Institutionen absolviert. Bell ist aktiv im Gemeindedienst und sitzt in verschiedenen Gremien und Ausschüssen.
- Appointment of experienced CFO with 22 years of banking expertise
- New CFO brings strong background in financial controls and risk management
- Demonstrated experience in managing publicly-traded company compliance
- None.
Mr. Bell brings more than 22 years of banking experience to BCT where he was responsible for implementation of new accounting standards, designed and implemented internal controls over financial reporting, managed interest rate and liquidity risk, developed financial plans to support expansion into new markets and acquisitions of businesses, all while maintaining compliance with rules and listing standards of publicly-traded companies. Prior to becoming a banker, Mr. Bell served as a Manager with Yount, Hyde & Barbour, PC, for eight years where he provided audit, tax, and consulting services to clients in the banking industry, while collaborating with his team to expand services into the
"Throughout his career, Shane has established deep relationships with teammates, clients, and the community to deliver responsible financial oversight and guidance," stated Alice P. Frazier, President and CEO of BCT. "Shane is well positioned to build on Dean's legacy and lead us to further success in current and future markets as we develop the full breadth of BCT's capabilities, ultimately improving our clients' financial lives while strengthening BCT's bottom line."
In addition to holding a CPA license, Mr. Bell earned a B.S. in Accounting from Frostburg State University and completed coursework through the AICPA National Banking School at the University of
Mr. Bell is the embodiment of a community banker. He currently serves on the Board of Directors and Finance Committee of Blue Ridge United, a non-profit organization that provides access to youth soccer to more than 1,800 athletes in the region. Previous community service includes serving as the Treasurer of the Board of Trustees of Braddock Street United Methodist Church, a board member and officer of non-profit organizations that support public school programs, and a volunteer coach and manager for youth athletic teams in his community.
Mr. Bell is a long-time resident of the
About the Company
Founded in 1871, Bank of
The Company's shares are quoted on the OTC Pink Sheet marketplace under the symbol "PTBS." For more information about Potomac Bancshares, Inc. and the Bank, please visit our website at www.mybct.bank.
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SOURCE Potomac Bancshares, Inc.
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