Southern National Bancorp names EVP, CFO

Matthew A. Switzer joins Southern National Bancorp of Virginia Inc.

Published January 15, 2021 by Sydney Lake

Southern National Bancorp of Virginia Inc. and its McLean-based Sonabank subsidiary announced Monday that it has hired Matthew A. Switzer as executive vice president and chief financial officer.

He succeeds Jeff Karafa, who will now serve as chief accounting officer. Switzer most recently served as managing director with Stephens Inc.

“His experience in our industry and his enthusiasm for our strategy will pay decades of dividends for our employees and our shareholders,” Southern National President and CEO Dennis Zember said in a statement.

Switzer earned his bachelor’s degree in chemical engineering from the University of Virginia and his master’s degree in business administration from the University of North Carolina’s Kenan-Flagler Business School.

As of Sept. 30, 2020, Southern National reported $3.15 billion in total assets, $2.52 billion in total loans and $2.2 billion total deposits. The bank has 42 branches throughout Virginia and Maryland.