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BankAnnapolis Names Ron Voigt Senior Vice President and Chief Business Development Officer.


ANNAPOLIS, Md. -- Richard M. Lerner, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of BankAnnapolis, announced today that Ronald M. Voigt has joined the Bank as Senior Vice President and Chief Business Development Officer. In this position, Voigt will manage the Bank's sales efforts, supervising the people and processes responsible for developing, maintaining and expanding loan and deposit relationships with commercial customers.

For the past 18 years, Voigt has worked at Bank of America
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Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world.
 or its predecessors, most recently as Business Banking Market Credit Officer for the Baltimore/Bay region, based out of the Church Circle office in Annapolis. In this position, Voigt managed nine business development officers with a credit portfolio of over $300 million. Last year, his team produced over $100 million in new credit and ranked 4th out of 16 markets in the Northeast region for Bank of America.

Voigt started his career at Bank of America as a management associate after graduating from Virginia Polytechnic Institute and State University Virginia Polytechnic Institute and State University, at Blacksburg; land-grant and state supported; coeducational; chartered and opened 1872 as an agricultural and mechanical college.  with a bachelor's degree in marketing and finance. He moved into business banking in 1993 and steadily advanced up the corporate ladder into positions of increasing managerial responsibility Born in Annapolis, Voigt, his wife and two daughters now reside in Bowie, Maryland Bowie (IPA: /bui/) is a city in Prince George's County, Maryland, United States. The population was 50,269 at the 2000 census, making it the largest incorporated municipality in Prince George's County. History
The city of Bowie owes its existence to the railway.
.

"In addition to his sales and sales management experience, Ron has an extensive credit background which makes him ideally suited for this important job," said Lerner. "He is a consummate professional with extremely impressive credentials. He knows and understands the market in which we operate, and most importantly, he is a strategic thinker who will undoubtedly play a pivotal role in helping to chart the future course of BankAnnapolis. We are delighted to welcome him to the senior management team and I personally look forward to working with him."

"Joining BankAnnapolis is a great opportunity for me to take the experience that I have and really make a difference. It's a chance to get involved in a lot of areas and contribute in a way that generates tangible results," said Voigt. "It also provides me with the opportunity to get more involved in the community where I live and work. I look forward to contributing to the ongoing success of BankAnnapolis and to playing a major role in its continued growth."

BankAnnapolis serves the banking needs of small businesses, professional concerns, and individuals through seven community banking offices in Anne Arundel and Queen Anne's Counties in Maryland This is a list of the twenty-four counties and county-equivalents in the U.S. state of Maryland. Though an independent city rather than a county, the City of Baltimore is considered the equal of a county for most purposes and is a county-equivalent. . The Bank's parent company, Annapolis Bancorp, Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:ANNB), trades on the NASDAQ Capital Market Originally called the NASDAQ Small Cap Market, NASDAQ announced a name change to the NASDAQ Capital Market on September 27, 2005. [1]

The NASDAQ Capital Market exists for securities of smaller, less-capitalized companies (small caps) that do not qualify for
 under the ticker symbol Ticker Symbol

An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors
 "ANNB," and reported total assets of $347 million at March 31, 2007.
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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 16, 2007
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