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Towne Insurance selects new president, expands executive team

Towne Insurance selects new president, expands executive team
Trevor Metcalfe, The Virginian-Pilot
© File photo/The Virginian-Pilot/TNS
The TowneBank Harbour View Financial Center, pictured in 2015.
An industry veteran with decades of experience has been selected to lead TowneBank’s insurance subsidiary.
Towne Insurance has selected W. Douglas Russell as its new president and CEO. The insurance group has also expanded its executive team.
In an interview, Russell said he has always had respect for TowneBank’s dedication to the Hampton Roads community.
“Towne Bank is very committed to growth of the insurance operation,” Russell said.
Russell said he has been working in the insurance industry for 35 years, most recently as president of Core Assurance Partners in Virginia Beach. After an opportunity to lead Towne Insurance presented itself in late 2020, Russel said he jumped at the chance to work for the company. ....

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Towne Insurance selects new president, expands executive team

Towne Insurance selects new president, expands executive team
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