Carter Bank & Trust promotes longtime employee to president
Carter Bank & Trust has promoted a longtime employee to become president of the Martinsville bank.
Phyllis Q. Karavatakis, who has been employed with Carter Bank & Trust for 38 years, most recently served as executive vice president and chief lending officer.
She received an associate degree from Ferrum College and a bachelor’s degree in business administration from the University of Richmond. She also is a graduate of the Virginia Bankers Association School of Bank Management at the University of Virginia.
Karavatakis currently serves on several boards, including The Launch Place in Danville, Ferrum College and the Virginia Bankers Association School of Bank Management. She also is a former chair of the Martinsville-Henry County Chamber of Commerce and is a founding member of the Martinsville-Henry County Chamber’s Partnership for Economic Growth.