|By PR Newswire||
|January 9, 2014 12:09 PM EST||
WASHINGTON, Jan. 9, 2014 /PRNewswire-USNewswire/ -- As The National Capital Bank of Washington enters into its 125th year of service to the Washington metropolitan region, it is pleased to announce several recent appointments to its Board of Directors and Senior Level Management.
With the passing of Richard A. Didden, Sr., the bank's Chairman and CEO late in 2013, the Board of Directors elected Robert F. Comstock to serve in both roles previously held by Mr. Didden. Mr. Comstock has served on NCB's Board for 15 years, has been Chair of its Executive Committee 10 times, and currently serves as legal counsel. Robert Comstock has practiced law in the District of Columbia for over 40 years, and serves on the boards of The Catholic University of America, the Forward in Faith campaign of the Archdiocese of Washington and Basilica of the National Shrine of the Immaculate Conception. Mr. Comstock served four years in the United States Air Force and brings to National Capital Bank considerable experience in community banking, most notably as the former Chair and CEO of the Baltimore Bank Corporation and Metropolitan Federal Savings and Loan which was purchased by the Baltimore Bank Corporation. Mr. Comstock has both an undergraduate and law degree from The Catholic University of America.
R. Andrew Didden, Jr., the son of the late Chairman, was elected to the Bank's Board of Directors at its December meeting. Mr. Didden has been an officer of the Bank for 10 years, currently manages the Bank's investment department, the National Capital Financial Group, and represents the fifth generation of the Didden family to take an active role in the company's management. Mr. Didden is a graduate of the University of Maryland and holds an MBA from the Johns Hopkins University with a concentration in Finance and a specialty in Portfolio Management.
The Bank's senior management was further strengthened by the appointment of Jeffrey Karafa as the Bank's Chief Financial Officer. Mr. Karafa has 30 years of experience in all aspects of financial management in the community banking sector most recently as Chief Operating Officer and Chief Financial Officer of Bank of Michigan. Prior to his role with Bank of Michigan, Mr. Karafa served as Head of Operations and Chief Financial Officer of Fidelity Bank in Dearborn, Michigan, growing the bank from a de novo to $1.2 billion in assets. Mr. Karafa has a Bachelor's Degree in Business Administration from the University of Michigan and an MBA with a concentration in Economics from the University of Detroit.
"While the National Capital Bank family is saddened by the loss of my brother Richard Didden, I am confident these appointments to our Senior Executive team will help ably guide our Bank through the difficult decisions we must make in this challenging economic climate," says James M. Didden, President of the Bank. "We remain committed to the principles of fiscal responsibility, corporate integrity and community involvement that have guided us for the past 125 years," added Mr. Didden, a member of the fourth generation of Diddens to lead the Bank.
The National Capital Bank of Washington was founded in 1889 and is the oldest bank in Washington D.C. It has been managed by the Didden family since its founding. NCB has assets of $423 million and is headquartered on Capitol Hill with a second branch located in Friendship Heights. The Bank has been recognized over the last decade with numerous accolades for its safety and soundness, exceptional performance, small business loans, and for being named one of the top banks and thrifts, a 100-year old small business of the year, and top commercial lender. NCB trades under the symbol NACB. For more information about NCB, go to www.nationalcapitalbank.com
Contact: David Glaser
Company: The National Capital Bank of Washington
Email: [email protected]
SOURCE The National Capital Bank of Washington
15th Cloud Expo, which took place Nov. 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA, expanded the conference content of @ThingsExpo, Big Data Expo, and DevOps Summit to include two developer events. IBM held a Bluemix Developer Playground on November 5 and ElasticBox held a Hackathon on November 6. Both events took place on the expo floor. The Bluemix Developer Playground, for developers of all levels, highlighted the ease of use of Bluemix, its services and functionalit...
Nov. 27, 2014 08:30 AM EST Reads: 289
DevOps is all about agility. However, you don't want to be on a high-speed bus to nowhere. The right DevOps approach controls velocity with a tight feedback loop that not only consists of operational data but also incorporates business context. With a business context in the decision making, the right business priorities are incorporated, which results in a higher value creation. In his session at DevOps Summit, Todd Rader, Solutions Architect at AppDynamics, discussed key monitoring techniques...
Nov. 27, 2014 08:30 AM EST Reads: 787
Some developers believe that monitoring is a function of the operations team. Some operations teams firmly believe that monitoring the systems they maintain is sufficient to run the business successfully. Most of them are wrong. The complexity of today's applications have gone far and beyond the capabilities of "traditional" system-level monitoring tools and approaches and requires much broader knowledge of business and applications as a whole. The goal of DevOps is to connect all aspects of app...
Nov. 27, 2014 08:30 AM EST
"SAP had made a big transition into the cloud as we believe it has significant value for our customers, drives innovation and is easy to consume. When you look at the SAP portfolio, SAP HANA is the underlying platform and it powers all of our platforms and all of our analytics," explained Thorsten Leiduck, VP ISVs & Digital Commerce at SAP, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Nov. 27, 2014 08:15 AM EST Reads: 1,195
SAP is delivering break-through innovation combined with fantastic user experience powered by the market-leading in-memory technology, SAP HANA. In his General Session at 15th Cloud Expo, Thorsten Leiduck, VP ISVs & Digital Commerce, SAP, discussed how SAP and partners provide cloud and hybrid cloud solutions as well as real-time Big Data offerings that help companies of all sizes and industries run better. SAP launched an application challenge to award the most innovative SAP HANA and SAP HANA...
Nov. 27, 2014 08:00 AM EST Reads: 1,170
One of the biggest challenges when developing connected devices is identifying user value and delivering it through successful user experiences. In his session at Internet of @ThingsExpo, Mike Kuniavsky, Principal Scientist, Innovation Services at PARC, described an IoT-specific approach to user experience design that combines approaches from interaction design, industrial design and service design to create experiences that go beyond simple connected gadgets to create lasting, multi-device exp...
Nov. 27, 2014 08:00 AM EST Reads: 1,084
Want to enable self-service provisioning of application environments in minutes that mirror production? Can you automatically provide rich data with code-level detail back to the developers when issues occur in production? In his session at DevOps Summit, David Tesar, Microsoft Technical Evangelist on Microsoft Azure and DevOps, will discuss how to accomplish this and more utilizing technologies such as Microsoft Azure, Visual Studio online, and Application Insights in this demo-heavy session.
Nov. 27, 2014 07:45 AM EST Reads: 815
Enthusiasm for the Internet of Things has reached an all-time high. In 2013 alone, venture capitalists spent more than $1 billion dollars investing in the IoT space. With "smart" appliances and devices, IoT covers wearable smart devices, cloud services to hardware companies. Nest, a Google company, detects temperatures inside homes and automatically adjusts it by tracking its user's habit. These technologies are quickly developing and with it come challenges such as bridging infrastructure gaps,...
Nov. 27, 2014 07:45 AM EST Reads: 1,400
When an enterprise builds a hybrid IaaS cloud connecting its data center to one or more public clouds, security is often a major topic along with the other challenges involved. Security is closely intertwined with the networking choices made for the hybrid cloud. Traditional networking approaches for building a hybrid cloud try to kludge together the enterprise infrastructure with the public cloud. Consequently this approach requires risky, deep "surgery" including changes to firewalls, subnets...
Nov. 27, 2014 07:45 AM EST Reads: 795
"Cloud consumption is something we envision at Solgenia. That is trying to let the cloud spread to the user as a consumption, as utility computing. We want to allow the people to just pay for what they use, not a subscription model," explained Ermanno Bonifazi, CEO & Founder of Solgenia, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Nov. 27, 2014 07:15 AM EST Reads: 1,024
The Domain Name Service (DNS) is one of the most important components in networking infrastructure, enabling users and services to access applications by translating URLs (names) into IP addresses (numbers). Because every icon and URL and all embedded content on a website requires a DNS lookup loading complex sites necessitates hundreds of DNS queries. In addition, as more internet-enabled ‘Things' get connected, people will rely on DNS to name and find their fridges, toasters and toilets. Acco...
Nov. 27, 2014 07:00 AM EST Reads: 1,379
"For the past 4 years we have been working mainly to export. For the last 3 or 4 years the main market was Russia. In the past year we have been working to expand our footprint in Europe and the United States," explained Andris Gailitis, CEO of DEAC, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Nov. 27, 2014 06:45 AM EST Reads: 1,169
Connected devices and the Internet of Things are getting significant momentum in 2014. In his session at Internet of @ThingsExpo, Jim Hunter, Chief Scientist & Technology Evangelist at Greenwave Systems, examined three key elements that together will drive mass adoption of the IoT before the end of 2015. The first element is the recent advent of robust open source protocols (like AllJoyn and WebRTC) that facilitate M2M communication. The second is broad availability of flexible, cost-effective ...
Nov. 27, 2014 06:45 AM EST Reads: 1,183
Scott Jenson leads a project called The Physical Web within the Chrome team at Google. Project members are working to take the scalability and openness of the web and use it to talk to the exponentially exploding range of smart devices. Nearly every company today working on the IoT comes up with the same basic solution: use my server and you'll be fine. But if we really believe there will be trillions of these devices, that just can't scale. We need a system that is open a scalable and by using ...
Nov. 27, 2014 06:45 AM EST Reads: 1,292
High-performing enterprise Software Quality Assurance (SQA) teams validate systems that are ready for use - getting most actively involved as components integrate and form complete systems. These teams catch and report on defects, making sure the customer gets the best software possible. SQA teams have leveraged automation and virtualization to execute more thorough testing in less time - bringing Dev and Ops together, ensuring production readiness. Does the emergence of DevOps mean the end of E...
Nov. 27, 2014 05:00 AM EST Reads: 1,212