Charles (Chris) Brockett, who helped steer MainStreet Bancshares Inc., a $1.7 billion bank holding company, through five years of exceptional growth, announced he is retiring as the bank holding company’s president effective March 31.
Brockett will remain a member of the board of directors of MainStreet Bancshares, which he joined as president in January 2017. He also previously served for three years as president of its key operating subsidiary, MainStreet Bank.
Latest Fintech News: Cuneus Data Lab to Onboard LSEG Refinitiv Analytical Data to Its TDU Blockchain Network
“We are pleased that Chris will continue to exercise strategic oversight and guidance as a member of the board of directors while also taking more time to enjoy his family,” said Jeff W. Dick, Chairman and CEO of MainStreet Bank and MainStreet Bancshares Inc. “As an accomplished career banker, Chris has insights and experience that will continue to help light our path as we innovate and meet the credit needs of the communities we serve.”
Brockett has been a fixture in the Northern Virginia banking community for more than 40 years. Before joining MainStreet Bank and MainStreet Bancshares, he held senior executive positions at EagleBank, Virginia Heritage Bank (co-founder), and First Commercial Bank. Brockett’s other managerial roles were wide-ranging, encompassing every aspect of community banking, including chief operating officer and chief financial officer. He stepped down as president of MainStreet Bank in July 2020 and was succeeded by Abdul Hersiburane.
Download our top whitepaper: Building Reliable and Secure Fintech Systems in 2022
His legacy includes helping to expand the banking company’s investor base and establishing its new community development subsidiary, MainStreet Community Capital. The subsidiary is opening its doors in 2022 to invigorate distressed, low-income communities in the Washington, D.C., metropolitan area by providing capital and other financial services.
“Working alongside Jeff and being part of MainStreet Bank’s growth has been an exciting journey,” Brockett said. “We have grown more than threefold during my tenure with the bank, and I could not be prouder of our outstanding team. As I step back from a managerial role, I look forward to remaining involved in as many ways as my role as a director and investor permits.”
Latest Fintech News: With Crypto Poised to Rebound, Estonia-Based Fintech Startup Opens Store in Amsterdam
[To share your insights with us, please write to sghosh@martechseries.com]
