Freedom Bank Appoints Purnachandra Dokku to Board of Directors

Rhea-AI Summary

Freedom Financial Holdings (OTCQX: FDVA) appointed Purnachandra “Purna” Dokku to its Board of Directors, effective June 23, 2026. He brings experience in technology, cybersecurity, entrepreneurship, and real estate, supporting the bank’s focus on technology-driven solutions and market expansion.

Dokku leads Pioneer Corporate Services and DSP Real Estate Capital, which manages over $300 million in multifamily assets and more than 1,500 units.

Positive

• Addition of tech and cybersecurity-focused director to the board
• Board member leads firm providing AI-driven cybersecurity for defense clients
• Real estate platform managed by new director oversees $300M+ and 1,500+ units

Negative

• None.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Bank Adds Entrepreneur and Tech Innovator to Board to Expand Industry Expertise and Market Reach 

FAIRFAX, Va., June 23, 2026 /PRNewswire/ -- Freedom Financial Holdings, Inc. (OTCQX: FDVA) announced the appointment of Purnachandra "Purna" Dokku to its Board of Directors. Mr. Dokku brings extensive experience in entrepreneurship, technology, cybersecurity, and real estate investment, further enhancing the Board's expertise and strategic focus on these key sectors.

Mr. Dokku is an entrepreneur with a proven track record of founding and leading Information Technology companies in the Washington, D.C. area. He currently serves as President and CEO of Pioneer Corporate Services, Inc., in Ashburn, VA, a recognized leader in cybersecurity providing AI-driven solutions to defense and intelligence clients.

In addition to his work in technology, Mr. Dokku is the founder of DSP Real Estate Capital, focusing on value-add multifamily acquisitions in the Southeastern United States. DSP manages over $300 million in assets, including ownership of more than 1,500 multifamily units.

"Purna's entrepreneurial expertise and leadership in technology and real estate make him a tremendous addition to our Board of Directors," said Joe Thomas, President & CEO of Freedom Bank. "His insights will be invaluable as Freedom Bank continues to grow client relationships and provide businesses and individuals with innovative, technology-driven solutions."

Beyond his professional achievements, Mr. Dokku actively contributes to his community. He serves as a Board Member of Ashbrook Commercial Office Condos and as a Director of the Sri Venkateswara Lotus Temple in Fairfax, Virginia.

About Freedom Bank

The Freedom Bank of Virginia is a next-generation community bank focused on empowering clients to achieve their dreams through innovative business, commercial, personal, and mortgage banking solutions. Through its deep banker expertise and entrepreneurial DNA, exceptional service, and easy-to-use technology, Freedom Bank is built to be its clients' primary relationship bank. Freedom Bank has locations in Chantilly, Fairfax, Manassas, Reston, Tysons, and Vienna, with corporate offices in Tysons, VA. To learn more, visit www.freedom.bank.

Contact:

Joseph J. Thomas
President & Chief Executive Officer
Phone: 703-667-4161
Email: jthomas@freedom.bank

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SOURCE Freedom Financial Holdings

FAQ

What board appointment did Freedom Bank (OTCQX: FDVA) announce on June 23, 2026?

Freedom Bank announced the appointment of Purnachandra “Purna” Dokku to its Board of Directors. According to Freedom Bank, he brings expertise in technology, cybersecurity, entrepreneurship, and real estate to support the bank’s strategic focus and technology-driven client solutions.

Who is Purnachandra Dokku, the new Freedom Bank (FDVA) board member?

Purnachandra “Purna” Dokku is an entrepreneur with a history of founding and leading IT companies in the Washington, D.C. area. According to Freedom Bank, he is President and CEO of Pioneer Corporate Services and founder of DSP Real Estate Capital.

How does Purnachandra Dokku’s tech background support Freedom Bank (FDVA) strategy?

Dokku leads Pioneer Corporate Services, a cybersecurity company delivering AI-driven solutions to defense and intelligence clients. According to Freedom Bank, his technology and cybersecurity experience is expected to enhance the board’s expertise as the bank expands its technology-driven banking solutions.

What real estate experience does Freedom Bank’s new director Purnachandra Dokku bring?

Purnachandra Dokku founded DSP Real Estate Capital, focused on value-add multifamily acquisitions in the Southeastern U.S. According to Freedom Bank, DSP manages over $300 million in assets, including ownership of more than 1,500 multifamily units, adding real estate insight to the board.

How might the appointment of Purnachandra Dokku impact Freedom Bank (FDVA) shareholders?

The appointment adds board-level experience in technology, cybersecurity, and real estate, which may support strategic growth. According to Freedom Bank, his insights should help strengthen client relationships and advance innovative, technology-driven solutions for businesses and individuals.

What community roles does Freedom Bank director Purnachandra Dokku hold?

Purnachandra Dokku serves on the Board of Ashbrook Commercial Office Condos and as a Director of the Sri Venkateswara Lotus Temple in Fairfax, Virginia. According to Freedom Bank, these roles highlight his ongoing community involvement alongside his business leadership.