- The Washington Times - Sunday, February 22, 2004

Alex L. Moore is looking to give Industrial Bank more structure in its strategic growth plan as the D.C. community bank’s new executive vice president and chief operating officer.

Mr. Moore said he signed on with the company in January because he saw stronggrowth opportunities for the bank, which has $250 million in annual deposits, 160 employees and 10 branches in the District and Maryland.

“I saw at this bank the need for a structured environment where change and a higher level of professionalism would be status quo across the board,” he said.

He comes to the bank from Quality Management International, a management consulting services company, where he served as president for three years.

Mr. Moore, who is responsible for the daily operations of the consumer banking, legal, human resources, lending and credit departments, has spent his first month assessing the bank’s business units.

He helped the departments create a unified operations plan “that puts leadership and employees on the same page.”

Mr. Moore called the assessment his biggest challenge so far, but said, “I’m excited about our future, now that we all understand each other’s roles.”

Industrial Bank, which opened in 1934, is a black-owned bank that primarily serves urban communities. Although he plans to increase the number of local branches, Mr. Moore said, he is just beginning the search and would not name any specific areas.

“We want to make sure our services are committed to our urban customer base while expanding our services to a broader market,” he said.

B. Doyle Mitchell Jr., president and chief executive officer, said he picked Mr. Moore for the job because of his solid human resource and leadership background.

A running back with the Denver Broncos during the 1968 season, Mr. Moore has worked with PricewaterhouseCoopers as a director for human resources. He also was a senior vice president at Coca Cola Co. Inc. and the Home Shopping Network.

“Alex has a lot of good organizational experience, process expertise and project management understanding that will help us move forward operations,” such as additional online banking services, Mr. Mitchell said.

Mr. Moore, who did not want to disclose his age, lives in the District.

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