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First Cahawba Bank appoints president/CEO

Selma, Ala.-based First Cahawba Bank named Richard Walters president and CEO, effective Jan. 1, The Selma Times-Journal reported Jan. 7.

Walters has held various posts at the bank since it was founded a decade ago.

Catesby Jones, who has served as chairman, president and CEO since 2010, keeps the role of chairman.