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Uwharrie Bank CEO to retire

Brendan Duffey intends to retire as president and CEO of Albemarle, N.C.-based Uwharrie Bank and as chief risk officer and COO of Uwharrie Capital Corp., the bank's parent company, effective Jan. 2, 2020.

Upon Duffey's retirement, Roger Dick will take on the role of CEO at the bank and will continue as president and CEO of Uwharrie Capital.

R. David Beaver III will assume Duffey's responsibilities as president of Uwharrie Bank and as chief risk officer of Uwharrie Capital. Beaver will remain CFO of the bank and the company.

Jason Andrew, senior vice president of e-banking, will assume a new position in Uwharrie Capital as executive vice president and chief information officer upon Duffey's retirement.