Mr Sansom will manage and oversee all lending and related business development activities company-wide. His arrival actually marks a return to Mechanics and Farmers (M&F), where he had served in positions of increasing responsibility.

Most recently Mr Sansom was the first vice president and business banker for Cardinal State Bank. He has received an MBA from Atlanta University and a BBA from Howard University.

Kim Saunders, president and CEO of M&F Bancorp and M&F Bank, said: James Sansom has the experience and the proven ability we need to be effective as we look to grow M&F. He is a very highly regarded banker, and also has a deep understanding of our institution and markets. James will be a tremendous asset in helping us achieve our strategic objectives and I’m very pleased he’s joined our team.