Jan. 10. Roger Dick, president and chief executive officer of Uwharrie Capital Corp, the Albemarle-based parent company of Uwharrie Bank, announced that Brendan Duffey has been named the bank’s chief executive officer in addition to his title of president.  Duffey also serves as chief operating officer and chief risk officer of Uwharrie Capital Corp.

Duffey joined Uwharrie Capital in 2004 as COO overseeing the three banks the company owned (Bank of Stanly, Anson Bank & Trust, and Cabarrus Bank & Trust) and all support areas of the banks and holding company. In 2013, the three bank charters were consolidated under the one name of Uwharrie Bank, and Duffey was appointed president of the bank. Uwharrie has a major presence in Concord.

Prior to joining Uwharrie, Duffey was vice president and U.S. general manager of a multinational high-tech company.  His banking experience includes 10 years as the managing general partner of a U.S. bank consulting firm and 20 years in various executive banking roles in Florida and Texas.

Dick, who will continue in his role as president and CEO of Uwharrie Capital Corp, recommended Duffey’s appointment to the Board of Directors at the December 2017 Board meeting. The recommendation was made in recognition of Duffey’s efforts in successfully improving the bank’s overall performance for the past 14 years.

As the company expands its operations through rapidly evolving technology and enters new markets, the new alignment and reporting structure allows the company to operate more efficiently, they said in a press release.

Uwharrie Bank is a full-service bank subsidiary of Uwharrie Capital Corp., which also owns Uwharrie Investment Advisors. More info: www.uwharrie.com