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Bay Banks of Virginia names CFO

Judy Gavant was appointed executive vice president and CFO of Bay Banks of Virginia Inc. and its unit Virginia Commonwealth Bank.

Gavant recently served as senior vice president, controller and chief accounting officer at Xenith Bankshares Inc. Her appointment will take effect the date after the filing of the Richmond, Va.-based company's 2017 Form 10-K.

Gavant replaces James Wilson Jr., who retired March 12.