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Virginia Commerce Bank appoints CFO

Virginia Commerce Bank has appointed Mark Merrill as executive vice president and CFO, effective February 2012.

Merrill will be also be CFO for the holding company, Virginia Commerce Bancorp and will serve as principal accounting officer for both the banks.

Merrill currently serves as executive vice president and CFO for Tower Bancorp.

Prior to joining Tower, Merrill served as vice president of accounting policy and financial controls for Waypoint Financial and Waypoint Bank and as a senior associate in the financial services practice of PricewaterhouseCoopers.

Virginia Commerce Bank president and CEO Peter Converse said that they will benefit from his impressive accounting and financial services background, diverse strategic planning experience and strong leadership skills as they continue their progress toward $3bn in assets and beyond.