Bladich will focus on commercial business development in Northern Virginia as the bank crosses the threshold of $100 million in assets.
TYSONS CORNER, Va., May 30, 2017 – Old Dominion National Bank announced the appointment of Penny Bladich to serve as Executive Vice President, Commercial Lending.
Bladich, who brings deep banking experience serving clients in healthcare, nonprofit and professional services industries, will focus on growing Old Dominion’s commercial client relationships in its Northern Virginia market. She will be based at Old Dominion’s Tysons Corner executive headquarters.
“We are very pleased to welcome a local leader like Penny to Old Dominion. Her 16 years of banking experience developing relationships in the industries we serve, including within the highly-specialized healthcare sector, will allow her to hit the ground running here,” said President and Chief Executive Officer Mark S. Merrill. “With the success of our common equity private placement in 2016, relocation of our executive headquarters to the metro Washington, D.C. area earlier this year, and the hiring of a number of experienced and innovative community bankers, we’re well on our way to growing Old Dominion into a high-performing regional financial institution.”
Over the last 12 months, Old Dominion more than doubled the size of the bank’s balance sheet, surpassing $100 million in assets in May 2017.
“We are humbled by the support we’ve received from the community and our growing client-base,” said Chief Lending Officer Kevin Albrigo. “With Penny’s dedication to her clients, through the delivery of business and personal financial solutions, along with her passion for community service, Old Dominion is even better positioned to make a difference in the communities we serve.”
Bladich joins Old Dominion from Cardinal Bank, where she had worked since 2008 and most recently served as Senior Vice President and Market Executive. Prior to that, she was a Vice President and Commercial Lender for BB&T and a Vice President and Commercial Real Estate Lender for TIB Bank. Before moving into banking in 2001, she worked for an investment management firm.
Active in the community in Fairfax County, Bladich serves as President of the Board of Directors for the Medical Care for Children Partnership Foundation. She is also a graduate of the Leadership Fairfax Class of 2012.
Bladich, who resides with her family in Oakton, earned her bachelor’s degree from the Lutgert College of Business at Florida Gulf Coast University. She is also a graduate of The Virginia Banker’s Association School of Bank Management at the University of Virginia, Darden School of Business.
About Old Dominion National Bank
Old Dominion is an independent, locally-owned and managed bank headquartered in Tysons Corner, Va., with approximately $100 million in assets. Old Dominion’s Tysons Corner full-service branch serves a growing number of customers across the Washington metropolitan area, and the bank’s three full-service
locations in the Charlottesville area serve Albemarle County and Central Virginia. Old Dominion offers a full range of commercial and consumer financial services in the communities it serves. Please visit the bank online at ODNBonline.com.