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National Capital Bancorp, Inc. Announces Leadership Transitions
WASHINGTON, D.C. / ACCESS Newswire / May 7, 2025 / National Capital Bancorp, Inc. (the "Company") (OTC Pink:NACB), the holding company for The National Capital Bank of Washington ("NCB" or the "Bank") announced key leadership transitions as part of ...
About this update from National Cap Bancorp Inc.
[{"type":"text","content":"WASHINGTON, D.C. / ACCESS Newswire / May 7, 2025 / National Capital Bancorp, Inc. (the "Company") (OTC Pink:NACB), the holding company for The National Capital Bank of Washington ("NCB" or the "Bank") announced key leadership transitions as part of a strategic succession plan that supports continued growth and stability.","length":352,"tagName":"p"},{"type":"text","content":"Richard B. (Randy) Anderson, Jr. has been appointed Chairman of both National Capital Bancorp, Inc. and The National Capital Bank of Washington, succeeding Harry Rauner in the role. Anderson brings decades of banking experience and leadership to the position, having served as President and CEO of NCB from 2016 until his retirement in 2022. Since then, he has remained actively involved as President and CEO of the Company and a member of the Board of Directors.","length":463,"tagName":"p"},{"type":"text","content":"Anderson remarked "I appreciate this opportunity to step into a greater leadership role and work with Jimmy and his management team to continue their good work in advancing the Bank and Company's performance."","length":223,"tagName":"p"},{"type":"text","content":"With Anderson stepping into the Chairman role, Jimmy Olevson, current President and CEO of National Capital Bank, will take on the additional role of President of National Capital Bancorp, Inc. Olevson joined NCB in April of 2022 serving as President and was promoted to CEO in January of 2023. Under his leadership, NCB has delivered strong financial performance and deepened its community engagement.","length":402,"tagName":"p"},{"type":"text","content":""I am honored to take on the added role of President at our holding company level alongside my duties as President and CEO of The National Capital Bank of Washington," said Olevson. "I would also like to extend my heartfelt thanks to our outgoing Chairman, Harry Rauner, for his extraordinary leadership since 2019. Harry has been a pillar in the greater DC banking community for his entire career and will thankfully continue to represent National Capital Bank as Vice Chairman. I am equally excited to welcome Randy Anderson as the new Chairman and I look forward to continuing to work with him as we strive to grow National Capital Bank and enhance shareholder value."","length":691,...