TYSONS CORNER, Va.--(BUSINESS WIRE)--Cardinal Bank (NASDAQ: CFNL) announced today that Andrew J. Peden has been promoted to Executive Vice President, Real Estate Lending. As Executive Vice President, Peden becomes a voting member of Cardinal Bank’s Officers’ Loan Committee. He will continue to provide guidance and insight to the real estate lending group, as well as lead the Real Estate Lending Market Team.
A seasoned industry executive, Peden has more than 14 years of diverse real estate lending experience, three years of which were spent as a credit analyst at the start of his banking career. In his new role, he will continue to be active and oversee the important relationships of developers and real estate investors, with a primary focus on acquisition, construction financing, and commercial development. Peden’s role was further expanded in 2011 with his promotion to Market Executive to include leading the business development efforts of a team of lenders and business development officers.
“Cardinal’s Real Estate Division has built a highly-respected team that is well-positioned to continue our excellent reputation in the communities where we serve,” said Dennis M. Griffith, Executive Vice President and Chief Lending Officer. “Andy is a valuable asset to our team, with deep personal ties to the local community. His diverse lending experience, knowledge of the region’s real estate market, and impressive business acumen, will continue to bring great value to our organization.”
Peden, a lifelong resident of the Washington, DC area, is a graduate of the University of Richmond, the Virginia Bankers Association School of Bank Management, and Leadership Fairfax’s Emerging Leaders Institute. In the community, Peden serves as chairman of the Cardinal Charity Classic Golf Committee, Cardinal’s annual charity event, and is active in the Leukemia and Lymphoma Society.
About Cardinal Financial Corporation:
Cardinal Financial Corporation, a financial holding company headquartered in Tysons Corner, Virginia, serves the Washington Metropolitan region through its wholly-owned subsidiary, Cardinal Bank, with over 30 conveniently located banking offices. Cardinal also operates George Mason Mortgage. The Company's stock is traded on NASDAQ (CFNL). For additional information, visit our Web site at www.cardinalbank.com or call 703.584.3400.