Bank of New Hampshire named Paul Falvey its next president and CEO, succeeding Mark Primeau.

Falvey will officially join the bank on Feb. 1, 2017, with three decades of experience as a bank executive, most recently serving as president and CEO of Martha's Vineyard Savings Bank, according to a Dec. 9 news release.

Primeau, who became Bank of New Hampshire's president and CEO in 2008, will remain as a director of the BNH Financial unit after his retirement.