WashingtonFirst Bankshares, Inc. Elects Charles Elliott Andrews to Its Board
RESTON, Va. -- November 26, 2012
WashingtonFirst Bankshares, Inc. (OTCBB: WFBI) the holding company of
WashingtonFirst Bank, announced today the election of Charles Elliott (C.E.)
Andrews to its board of directors on November 19, 2012. “We are very excited
to have an outstanding individual join our board,” said President and CEO
Shaza L. Andersen. “C.E. brings more than 38 years of successful leadership,
including key management roles in the DC Metro area. He has an extensive
financial background that will be a pivotal addition to the Board as we
continue to expand our reach in the area,” said Andersen.
Mr. Andrews, 60, most recently served as President and Chief Operating Officer
of RSM McGladrey Inc., a subsidiary of H&R Block, Inc. He also served in
various positions at SLM Corporation (Sallie Mae) including President, Chief
Financial Officer & Executive Vice President, and Executive Vice President of
Accounting, Corporate Finance and Risk Management. Prior to joining Sallie
Mae, Mr. Andrews was at Arthur Andersen for 28 years, including 18 years as a
partner in the DC Metro area. He currently serves on the Board of Directors
and member of the Audit Committee of NVR, Inc. and previously as Director of
Six Flags, Inc. (including as Audit Committee Chair) and U-Store-It where he
was also a member of the Audit Committee. Further, Mr. Andrews serves as
Director of Junior Achievement and Inova Health Systems Foundation. Mr.
Andrews, a Virginia Tech graduate, also serves as a member of the Advisory
Board of Virginia Tech of the R.B. Pamplin College of Business at Virginia
Mr. Andrews was elected at the regular meeting of the board on November 19th
and has been appointed to the Audit Committee. “The Board of Directors of
WashingtonFirst is committed to our future as a community-oriented bank that
provides competitive financial services to local businesses and consumers,”
said Chairman of the Board Joseph S. Bracewell. “We are thrilled to have C.E.
join our organization.”
About The Company
WashingtonFirst Bankshares, Inc. is the parent company of WashingtonFirst
Bank, a bank headquartered in Reston, VA with 10 offices in the greater
Washington, DC metropolitan area and $596.1 million in total assets as of
September 30, 2012.
WashingtonFirst Bankshares, Inc.
Shaza L. Andersen, President & Chief Executive Officer
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