MainStreet Bank Promotes Alex Vari to Chief Financial Officer | MNSB Stock News

• MainStreet Bancshares (MNSB, Financial) has promoted Alex Vari to Executive Vice President and Chief Financial Officer of MainStreet Bank.
• Alex Vari, a CPA, has been recognized for his expertise in accounting and SEC reporting, and recently led the implementation of the Sarbanes-Oxley internal control framework.
• Tom Chmelik will continue as CFO of the holding company, MainStreet Bancshares, Inc., while mentoring Vari.

MainStreet Bancshares, Inc. (Nasdaq: MNSB), the holding company for MainStreet Bank, has announced the promotion of Alex Vari to Executive Vice President and Chief Financial Officer of MainStreet Bank. Vari, a Certified Public Accountant and holder of a Bachelor of Accountancy from the University of North Dakota, has been acknowledged for his outstanding work in accounting, SEC reporting, and spearheading the implementation of the Sarbanes-Oxley internal control framework as the bank transitioned from its emerging growth company status.

Tom Chmelik will retain his position as CFO of the holding company, MainStreet Bancshares, Inc., providing guidance and mentorship to Vari as he assumes his new role. This internal promotion underscores MainStreet’s commitment to nurturing talent and ensuring strong succession planning within its ranks.

Alex Vari expressed enthusiasm for his new role, highlighting the invaluable experience gained working closely with Tom Chmelik, and aiming to contribute to the bank’s strategic growth and value creation. Jeff W. Dick, Chairman and CEO of MainStreet Bancshares, Inc. and MainStreet Bank, praised Chmelik’s successful mentorship of Vari since his transition from public accounting to MainStreet Bank, reflecting confidence in their continued collaboration.

MainStreet Bank operates six branches across Herndon, Fairfax, McLean, Leesburg, Clarendon, and Washington, D.C., offering a diverse array of banking products and services, including business and professional lending solutions. With an extensive ATM network and robust online banking capabilities, MainStreet continues to enhance its customer’s banking experience. Further information about the bank can be accessed via its website at mstreetbank.com.

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