Farmers & Merchants Bancorp announced that its subsidiary, F&M Bank, has appointed Shalini Singhal as Chief Information and Technology Officer (CITO), reflecting the bank’s focus on advancing enterprise technology and innovation.
Singhal, who has been with F&M for nearly six years, most recently served as Chief Information Officer. During her tenure, she has played a central role in building the bank’s IT organization and strengthening its technology infrastructure, overseeing functions including systems, support, security, and internal banking platforms.
The promotion underscores the increasing importance of technology in F&M’s long-term strategy, as the bank continues to invest in digital capabilities, cybersecurity, and operational efficiency. In her new role, Singhal will work across the organization to align technology initiatives with business growth, enhance customer experience, and support the bank’s transition toward a more strategic and forward-looking technology framework.
F&M Bank, a community-focused institution founded in 1897, operates across multiple counties in Ohio, Indiana, and Michigan, providing commercial and retail banking services.
KEY QUOTE:
“Shalini’s appointment reflects her strong leadership, and the critical role technology plays in F&M’s long-term strategy. Over the past six years, she has helped F&M build a resilient and secure technology platform.”
Lars Eller, President And CEO, F&M Bank
