Richard B. (Randy) Anderson Jr. of National Capital Bancorp is set to retire as CEO of its subsidiary, The National Capital Bank of Washington, on Dec. 31. With a distinguished 47-year career including the last seven years with the bank, Anderson will continue to serve as president and CEO of the company and a director of the bank. The board of directors of the bank elected James Olevson, the current president of the bank, to succeed Anderson as president and CEO and a director of the bank, effective Jan. 1.
Anderson started with the bank in 2016 and developed a strong executive management team working closely with the board of directors to develop leadership depth and execute a succession plan that resulted in the board’s decision to name Olevson as his successor.
Olevson was appointed president of the bank in April 2022. With more than 25 years of community banking experienceOlevson previously served as chief lending officer at MainStreet Bank and held senior lending positions at Middleburg Bank and BB&T Bank.
“It has been a privilege and an honor to serve the company and the bank over the last seven years. I strongly believe in our mission of providing banking excellence in meeting the financial needs of the communities we serve.” Anderson said. “Jimmy has done an outstanding job learning about our culture and what makes The National Capital Bank of Washington unique, and I look forward to continuing to serve as President and CEO of the Company while working side-by-side with him. I am confident that Jimmy will provide sound leadership ensuring continued success for the company and the bank.”
