Old Point Financial Corporation announced that after more than 54 years of dedicated service, Robert F. Shuford, Sr., Chairman, President, and Chief Executive Officer of Old Point Financial Corporation, has announced his intent to retire in January of 2020. Hired in 1965 as Vice President and a member of the Board of Directors, he was named President of Old Point National Bank in 1967. He became Chairman, President, and Chief Executive Officer of Old Point Financial Corporation upon its creation in 1984.

As a tribute to his service, he will be named Chairman Emeritus upon retirement. The Board of Directors has selected Robert F. Shuford, Jr., Chairman, President, and Chief Executive Officer of ld Point National Bank, to succeed Robert F. Shuford, Sr. Hired as Vice President and then serving as Chief Operating Officer, Robert F. Shuford, Jr. has over 20 years of leadership experience at Old Point National Bank. Through his vision and direction of Old Point's digital transformation, the Company has remained a leader among community banks.

He serves on the on the Virginia Bankers Association Board of Directors and has been a continual advocate for community banks in Virginia. Robert F. Shuford, Sr. will continue to serve on the Board of Directors of Old Point National Bank, Old Point Trust, and Old Point Financial Corporation and be involved in the future strategic direction of the Company.