Severn Savings Bank Names James Anthony COO - Quick Facts

(RTTNews) - Severn Bancorp Inc. (SVBI), parent company of Severn Savings Bank, FSB or "Severn", today announced the appointment of James Anthony as Executive Vice President along with his appointment as Chief Operating Officer of Severn.

Anthony joins Severn from Chesapeake Bancorp and Chesapeake Bank & Trust Company in Chestertown, Maryland where he served as Chief Executive Officer, President and Director.

Anthony has over fifteen years of experience in the financial services industry, the last ten of which he spent running one of the best community banks in the country. He has served in key bank management positions including Senior Lending Officer, Head of Investment Services, and Chief Information Officer. Prior to his position at Chesapeake Bank & Trust, Anthony was a consultant with McKinsey & Company and PricewaterhouseCoopers where he developed and executed strategic initiatives for clients seeking to maximize their effectiveness in sales, market development, information technology, and operational efficiency. Prior to that, he served as the Manager of Engineering Services for Annapolis-based Mid-Atlantic Technical Services. His role at Severn will be to oversee management of operations, and he will join the Bank in early August.

Anthony currently serves on the Maryland Bankers Association Government Relations Council and is a member of the board of directors of the Atlantic Community Bankers Bank.