F&M Bank Announces Appointment of Ahmed Alomari to Board of Directors
F&M Bank (Nasdaq: FMAO) has announced the appointment of Ahmed Alomari to its Board of Directors, effective June 24, 2025. Alomari, recognized for his expertise in Oracle database performance and enterprise systems architecture, is the founder and former CEO of Cybernoor, which was acquired by Buchanan Technologies in 2021. Currently serving as Executive Vice President at Buchanan Technologies, Alomari brings significant technical expertise to F&M's board.
The appointment aligns with F&M's focus on enhancing its digital capabilities and technology infrastructure. Alomari, who holds a Computer Science degree from the University of Michigan's School of Engineering, was selected for his strong track record in innovation and strategic insight.
F&M Bank (Nasdaq: FMAO) ha annunciato la nomina di Ahmed Alomari nel suo Consiglio di Amministrazione, a partire dal 24 giugno 2025. Alomari, noto per la sua competenza nelle prestazioni dei database Oracle e nell'architettura dei sistemi aziendali, è il fondatore ed ex CEO di Cybernoor, acquisita da Buchanan Technologies nel 2021. Attualmente ricopre il ruolo di Vicepresidente Esecutivo presso Buchanan Technologies e apporta un'importante esperienza tecnica al consiglio di F&M.
Questa nomina è in linea con l'obiettivo di F&M di potenziare le proprie capacità digitali e l'infrastruttura tecnologica. Alomari, laureato in Informatica presso la School of Engineering dell'Università del Michigan, è stato scelto per il suo solido percorso nell'innovazione e per la sua visione strategica.
F&M Bank (Nasdaq: FMAO) ha anunciado el nombramiento de Ahmed Alomari en su Junta Directiva, efectivo a partir del 24 de junio de 2025. Alomari, reconocido por su experiencia en el rendimiento de bases de datos Oracle y arquitectura de sistemas empresariales, es fundador y ex CEO de Cybernoor, empresa adquirida por Buchanan Technologies en 2021. Actualmente es Vicepresidente Ejecutivo en Buchanan Technologies y aporta una gran experiencia técnica a la junta de F&M.
Este nombramiento se alinea con el enfoque de F&M en fortalecer sus capacidades digitales e infraestructura tecnológica. Alomari, graduado en Ciencias de la Computación por la Escuela de Ingeniería de la Universidad de Michigan, fue seleccionado por su destacado historial en innovación y visión estratégica.
F&M Bank (나스닥: FMAO)는 2025년 6월 24일부로 Ahmed Alomari를 이사회 멤버로 임명했다고 발표했습니다. Alomari는 오라클 데이터베이스 성능 및 엔터프라이즈 시스템 아키텍처 분야의 전문가로 인정받고 있으며, 2021년 Buchanan Technologies에 인수된 Cybernoor의 창립자이자 전 CEO입니다. 현재 Buchanan Technologies에서 부사장으로 근무하며 F&M 이사회에 중요한 기술 전문성을 제공합니다.
이번 임명은 F&M의 디지털 역량 및 기술 인프라 강화 전략과 부합합니다. 미시간 대학교 공과대학에서 컴퓨터 과학 학위를 받은 Alomari는 혁신과 전략적 통찰력에서 뛰어난 경력을 바탕으로 선출되었습니다.
F&M Bank (Nasdaq : FMAO) a annoncé la nomination de Ahmed Alomari au sein de son conseil d'administration, effective à partir du 24 juin 2025. Alomari, reconnu pour son expertise en performance des bases de données Oracle et en architecture des systèmes d'entreprise, est le fondateur et ancien PDG de Cybernoor, acquis par Buchanan Technologies en 2021. Actuellement vice-président exécutif chez Buchanan Technologies, Alomari apporte une expertise technique importante au conseil de F&M.
Cette nomination s'inscrit dans la stratégie de F&M visant à renforcer ses capacités numériques et son infrastructure technologique. Titulaire d'un diplôme en informatique de la School of Engineering de l'Université du Michigan, Alomari a été choisi pour son solide parcours en innovation et sa vision stratégique.
F&M Bank (Nasdaq: FMAO) hat die Ernennung von Ahmed Alomari in seinen Vorstand bekannt gegeben, wirksam ab dem 24. Juni 2025. Alomari, bekannt für seine Expertise in Oracle-Datenbank-Performance und Unternehmenssystemarchitektur, ist Gründer und ehemaliger CEO von Cybernoor, das 2021 von Buchanan Technologies übernommen wurde. Derzeit ist er Executive Vice President bei Buchanan Technologies und bringt bedeutende technische Fachkenntnisse in den Vorstand von F&M ein.
Die Ernennung steht im Einklang mit F&Ms Fokus auf die Verbesserung der digitalen Fähigkeiten und der technologischen Infrastruktur. Alomari, der einen Abschluss in Informatik von der School of Engineering der University of Michigan besitzt, wurde aufgrund seiner starken Erfolgsbilanz in Innovation und strategischem Weitblick ausgewählt.
- Addition of technology expert to strengthen digital transformation initiatives
- Strategic enhancement of board expertise in enterprise systems and data performance
- Potential improvement in technological infrastructure oversight
- None.
ARCHBOLD, Ohio, June 25, 2025 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO), announces the appointment of Ahmed Alomari to the Board of Directors of both the Company and the Bank. Mr. Alomari was appointed by the F&M Board of Directors on June 24, 2025, at the monthly board meeting.
Mr. Alomari is widely recognized for his expertise in Oracle database performance and enterprise systems architecture. He founded Cybernoor in 2007 and remained CEO until it was acquired in 2021 by Buchanan Technologies [Cybernoor Info]. As part of the acquisition, Alomari became the Executive Vice President for Buchanan Technologies, overseeing the company’s database and application operations [Buchanan Technologies Appoints Ahmed Alomari as Executive VP].
“Ahmed brings a deep level of technical expertise and a strong track record of innovation and strategic insight,” said Lars Eller, President and CEO of F&M Bank. “His knowledge of enterprise systems and data performance will be a valuable asset as we continue to enhance our digital capabilities and technology infrastructure.”
Mr. Alomari holds a degree in Computer Science from the University of Michigan’s School of Engineering.
About F&M Bank
F&M Bank is a local independent community bank that has been serving its communities since 1897. F&M Bank provides commercial banking, retail banking and other financial services. Our locations are in Butler, Champaign, Fulton, Defiance, Hancock, Henry, Lucas, Shelby, Williams, and Wood counties in Ohio. In Northeast Indiana, we have offices located in Adams, Allen, DeKalb, Jay, Steuben and Wells counties. The Michigan footprint includes Oakland County, and we have Loan Production Offices in Troy, Michigan; Muncie, Indiana; and Perrysburg and Bryan, Ohio.
Safe harbor statement
Private Securities Litigation Reform Act of 1995. Statements by F&M, including management’s expectations and comments, may not be based on historical facts and are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21B of the Securities Exchange Act of 1934, as amended. Actual results could vary materially depending on risks and uncertainties inherent in general and local banking conditions, competitive factors specific to markets in which F&M and its subsidiaries operate, future interest rate levels, legislative and regulatory decisions, capital market conditions, or the effects of the COVID-19 pandemic, and its impacts on our credit quality and business operations, as well as its impact on general economic and financial market conditions. F&M assumes no responsibility to update this information. For more details, please refer to F&M’s SEC filing, including its most recent Annual Report on Form 10-K and quarterly reports on Form 10-Q. Such filings can be viewed at the SEC’s website, www.sec.gov or through F&M’s website www.fm.bank.
Company Contact: | Investor and Media Contact: |
Lars B. Eller President and Chief Executive Officer Farmers & Merchants Bancorp, Inc. (419) 446-2501 leller@fm.bank | Andrew M. Berger Managing Director SM Berger & Company, Inc. (216) 464-6400 andrew@smberger.com |
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/81637346-a2e6-4544-b7ff-fe65be09b5e1
