Chesapeake Financial Shares Inc (OTCQX: CPKF) has announced the addition of Dede Ramoneda to its Board of Directors, a move that reflects the company’s commitment to enhancing its strategic capabilities in an increasingly technology-driven financial landscape. Ramoneda brings a wealth of experience across various sectors, including financial services, energy, and consulting, positioning her as a valuable asset to the board.
Ramoneda’s career is marked by significant achievements, particularly during her tenure at First Citizens Bank. There, she played a pivotal role in the successful acquisitions of CIT and Silicon Valley Bank. Her leadership was crucial in integrating IT processes into a centralized unit, and she was an integral member of the M&A Integration Leadership Team. This experience has established her reputation as a transformative executive with a strong focus on technology and strategic vision.
Jeff Szyperski, CEO of Chesapeake Financial Shares and Chesapeake Bank, expressed enthusiasm about Ramoneda’s appointment. He noted that her expertise will be instrumental as the company navigates the evolving demands of its industry and customer base, which increasingly relies on advanced technology solutions.
Throughout her career, Ramoneda has received numerous accolades that underscore her impact on the organizations she has served. Notable recognitions include being named one of Computerworld’s Best Places to Work in IT (2023), receiving the Orbie Award for Carolina Enterprise CIO of the Year (2022), and being honored as Triangle Business Journal’s CIO of the Year (2014). These awards highlight her ability to drive innovation and foster a positive workplace culture in IT.
As a board member at Chesapeake Financial Shares, Ramoneda will leverage her expertise in several critical areas: digital transformation, risk mitigation, IT strategy, executive leadership, and diversity, equity, and inclusion initiatives. Her extensive board experience includes roles at ScanSource, NCTech, Progress Telecom Access Networks, and the United Arts Council of Raleigh & Wake County. Additionally, she serves on various advisory boards at North Carolina State University.
Ramoneda holds a Bachelor of Science in Industrial Management from Louisiana State University and an MBA from Crummer Graduate School of Business at Rollins College. She has also completed executive education programs at The Wharton School, further enhancing her business acumen.
Chesapeake Financial Shares operates as a one-bank holding company based in Kilmarnock, Virginia. Founded in 1900, the company oversees two main subsidiaries: Chesapeake Bank and Chesapeake Wealth Management. Chesapeake Bank is recognized as a full-service lender with 17 branches across Virginia, while Chesapeake Wealth Management provides independent wealth management services.
Ramoneda’s appointment comes at a time when financial institutions are increasingly focused on integrating technology into their operations to meet customer expectations and enhance service delivery. Her background in managing complex technology projects and fostering collaboration across teams will be vital as Chesapeake Financial Shares continues to innovate and adapt in this dynamic environment.
Dede Ramoneda’s addition to the Board of Directors is expected to bolster Chesapeake Financial Shares’ strategic direction and operational effectiveness. Her proven track record in driving technological advancements and fostering inclusive leadership aligns well with the company’s goals for growth and innovation.
