Buchanan-based Bank of Botetourt announced that Michelle R. Austinhas been named the 7thPresident in its 124-year history and has been appointed to its Board of Directors, effective February 20, 2023. She will maintain her role as Chief Operating Officer, which she has held since 2021. Austin began her career in banking with Bank of Botetourt as a college intern in 1991 and joined the Bank full time in 1993 after earning her Bachelor of Business Administration degree from Roanoke College.

She then graduated from the Virginia Bankers School of Bank Management at University of Virginia, and the Graduate School of Banking at Louisiana State University. In 2005 Austin graduated from Troy University with a Master of Business Administration and was appointed the Bank's Chief Financial Officer, a position she held for 18 years. G. Lyn Hayth, III.

Austin currently serves on the Region 2 GO Virginia Board to support programs that help create high-paying jobs through incentivized collaboration between business, education, and government in every region of the Commonwealth, Roanoke College President's Advisory Council, Virginia Bankers Association Benefits Board, Mountain Gateway Community College Real Estate Foundation, and the Roanoke Valley Development Corporation. She currently teaches Financial Management at the Virginia Bankers School of Bank of Management at the University of Virginia. The Board of Directors promoted Dustin G. Baysto succeed Austin as the Bank's Chief Financial Officer.

Bays has been in banking and related industries since 2005 when he graduated with a Bachelor of Business Administration degree from Emory & Henry College. Bays holds a Master of Business Administration from Union College of Kentucky. Bays joined Bank of Botetourt in 2011 and most recently served as its Chief Accounting Officer.

The individuals who have held the title of President since Bank of Botetourt was chartered in 1899 by the Virginia General Assembly are as follows: James Mundy 1899-1904; C.B. Johnson 1904-1942; Dr. E. W. Dodd 1942-1964; Darnell Brugh 1964-1984; H. Watts Steger, III 1984-2002; G. Lyn Hayth, III 2002-2023; Michelle R. Austin 2023-Present.