Potomac Bancshares Bolsters Leadership with Three Dynamic New Board Members

In a move that’s certainly turning heads in the financial sector, Potomac Bancshares, Inc. (NASDAQ: PTBS), the parent company of Potomac Trust Company, has announced a significant expansion of its Board of Directors. The bank is enthusiastically welcoming three exceptional individuals – Matthew Lowers, Amit Puri, and Dr. Angela Wilson – each bringing a distinct and powerful set of skills to the table. It's quite clear this isn't just about adding names; it's a strategic enhancement designed to propel the company forward.

William "BJ" Ruck, Potomac Bancshares' President and CEO, couldn't sound more optimistic about these new appointments. "We are absolutely thrilled to have Matthew, Amit, and Angela join our Board," he shared, emphasizing the depth of experience and diverse perspectives they introduce. Ruck underscored that their collective expertise is perfectly aligned with Potomac Bancshares' ongoing commitment to smart growth, robust risk management, and, crucially, anticipating future market shifts and technological advancements. It’s a clear signal that the bank is looking not just at today, but well into tomorrow.

Let's take a moment to introduce these new stalwarts. First up, we have Matthew Lowers, a name synonymous with comprehensive risk management. As the CEO of Lowers Risk Group, he's spent years navigating the complex landscapes of enterprise risk, cybersecurity, forensic investigations, and insurance. His background, particularly in serving on the boards of other public companies like Sterling Bancorp, brings a seasoned hand to governance and oversight that Potomac Bancshares will undoubtedly benefit from. You see, in today's digital world, strong risk oversight isn't just a nicety; it's an absolute necessity.

Then there's Amit Puri, whose career reads like a blueprint for modern financial strategy. Currently the COO of American Frontier Financial, Puri is a wizard when it comes to capital markets, mergers and acquisitions, private equity, and the ever-evolving fintech space. His previous stints at PNC Financial Services and Booz Allen Hamilton mean he's seen the financial world from various angles, from large-scale corporate banking to cutting-edge consulting. His insights will be invaluable as Potomac Bancshares continues to innovate and expand its footprint.

And finally, the highly distinguished Dr. Angela Wilson rounds out this impressive trio. As the Dean of the College of Natural, Applied, and Health Sciences at the University of Northern Colorado, Dr. Wilson brings a unique blend of academic rigor and practical governance experience. Her background in STEM fields, coupled with her deep understanding of finance, corporate governance, and risk management from her previous board roles, offers a fresh perspective that's often hard to find. Her appointment truly underscores the board's commitment to diverse thought leadership.

These appointments, which received a hearty endorsement from shareholders at a recent special meeting, truly mark an exciting juncture for Potomac Bancshares. With a fortified board boasting such varied and profound expertise, the bank appears poised to not only maintain its impressive growth trajectory but also to navigate the intricate challenges and opportunities of the financial landscape with even greater confidence and strategic foresight. It’s a compelling blend of experience, innovation, and forward-thinking leadership, all coming together for the benefit of the company and its shareholders.