First Bank & Trust and its parent holding company, First Bancorp, have promoted four executives in its southwest Virginia and northeast Tennessee markets.
The bank’s newly implemented leadership plan involves the promotion of several bank officers, as well as the hiring of new bank personnel. The leadership changes are in response to recent market growth, and the increased customer service needs resulting from the expansion of business. The transition is taking place prior to the construction of the First Bank & Trust building which will soon be under construction at The Pinnacle shopping center in Bristol, TN.
The following individuals are part of the leadership transition plan:
- William Houston “Hugh” Ferguson, III – senior vice president, regional manager, Tri-Cities, will assume management of the southwest Virginia market and the northeast Tennessee region he currently manages. Ferguson has been in banking for more than 30 years and joined First Bank and Trust in 2012.
- Brent J. Dyson has been promoted to senior vice president and will assist Ferguson in the management of the Southwest Virginia and Tennessee branch offices. Dyson has been in banking for 15 years and joined First Bank and Trust in 2016.
- R. Chad Taylor has been promoted to vice president, branch manager of the East Abingdon branch. Taylor has been in banking for 15 years and joined First Bank and Trust in 2017.
- Vicky Holbrook has been appointed as branch operations officer for the West Bristol office. She brings more than 30 years of banking experience.
“The new roles and promotions are commensurate with experience levels and expertise,” said Ferguson. “These seasoned bankers will be instrumental to our success and will insure the bank is positioned to execute its strategic plan.”
First Bank & Trust is a diversified financial services firm with office locations in southwest Virginia, northeast Tennessee, and New River and Shenandoah Valleys.