Anderson named to management at Bank of Botetourt

January 6, 2021 Reader Submission

Bank of Botetourt Promotes Anderson to Senior Management
Bank of Botetourt is pleased to announce the promotion of Barbara G. Anderson to Senior Vice
President – Chief Risk and Compliance Officer. Barbara has been with the Bank for 22 years and for the
past two years, in addition to her job as Chief Compliance Officer, she assumed the role of Chief Risk
Officer, which is responsible for the oversight of outsourced internal audit, regulatory oversight, risk
management, risk oversight, and numerous compliance areas within the Bank. She will continue to
work from the Bank’s Care Center Office in the Town of Buchanan, VA.
With more than 32 years in banking, Barbara was previously with Central Fidelity Bank and Wachovia.
She is a 2001 graduate from the Virginia Bankers School of Bank Management, which is held at the
University of Virginia’s Darden School of Business and is facilitated by the Virginia Bankers Association.
She also received her certification as a Certified Regulatory Compliance Manager (CRCM) in 2015.
G. Lyn Hayth, III – Bank President and CEO stated “We are looking forward to having Barbara join our
senior management team. She has performed at the highest level for Bank of Botetourt throughout her
time here and brings strong energy and guidance to our Bank as we grow and continue to operate in a
high regulatory environment.”
Anderson grew up in Botetourt County and is active with the Lord Botetourt High School’s Sports
Booster program. She also serves as a member of the Virginia Bankers Association’s Security and
Enterprise Risk Management Committee. Barbara and her husband, Stephen currently reside in the
Cloverdale area and have three children.
Bank of Botetourt was chartered in 1899 and operates twelve retail offices in Botetourt, Rockbridge,
Roanoke, and Franklin counties and the City of Salem, all in Virginia. Bank of Botetourt also operates
a mortgage division, Virginia Mountain Mortgage and a financial services division, Botetourt Wealth Managrment.