Biography

Stephen N. Ashman

Lead Director
SAS Advisors

Stephen N. Ashman is a principal with SAS Advisors, a consulting firm providing services in strategic planning, marketing and financial management. Ashman has almost 20 years of experience as a senior executive or director of community oriented financial institutions, with hands-on experience in strategic planning, marketing, business development, investment portfolio management, accounting and regulatory matters.

Ashman served as Chairman of the Board of the Bank from 2002 to January 2015 and currently serves as Lead Director of the Bank.   He served as Chief Executive Officer of the Bank from September 2007 to September 2012 and retired as Chief Executive Officer in September 2012.  He was President and CEO of a community bank in Rockville, Maryland from 1991 until its sale in 1998.  He serves on the Advisory Boards of several investment funds active in the Washington, D.C. metropolitan area.  Mr. Ashman is Chairman of the Company’s Executive Committee and is a member of the Governance and Compensation Committees.  He is a member of the Bank’s Loan, Audit and Human Resources Committees.