NORTH CHESTERFIELD, Va.—Christopher Shockley has been named CEO of the $2.9-billion Virginia Credit Union.
Shockley, currently EVP, will assume his new role March 31. He succeeds Jane Watkins, who is retiring after 34 years with the credit union, 16 years as president and CEO.
Shockley, 45, has been EVP since 2007, holding senior-level responsibility for the credit union’s branches, member services, consumer and real estate lending, business services and auxiliary financial services.
“Chris has enabled us to grow and introduce new services to help our members succeed,” Watkins told the Richmond Times-Dispatch. “He has been a key leader throughout his 12 years with VACU.”
Watkins, 62, announced her plans to retire last July. She was inducted into the Greater Richmond Business Hall of Fame last May.
“Chris is exceptionally well qualified to be the next president, CEO, with his knowledge and experience in the financial industry and Virginia Credit Union, his demonstrated leadership and his strong commitment to member service and continuous advancements on our members’ behalf,” Board Chairman D.B. Smit told the publication.