Village Bank and Trust Financial Corp. promoted Jay Hendricks, who had been the bank's chief credit officer, to chief risk officer and COO, Richmond BizSense reported Dec. 13.

Hendricks replaces Raymond Sanders, who left the Midlothian, Va.-based bank in September after the chief risk officer and COO positions were cut from the executive team.

Village Bank and Trust Financial also named Price Beazley senior vice president and chief technology officer, according to the report. Beazley previously served as online channels and cloud architect at McLean, Va.-based Capital One Financial Corp.