Winchester, Ky.-based Peoples Exchange Bank President Claude Bentley plans to step down from the role, The Lane Report reported March 8.

Bentley will remain as a board director and continue to be an employee, focusing on business development and asset risk management, according to The Lane Report.

Peoples Exchange Bank named Anthony Parrish as Bentley's successor. Parrish was named CEO of the bank in January 2018.

Peoples Exchange Bank is a subsidiary of Genbeach Co. Inc.