Alice Frazier named chief operating officer (COO) of Middleburg Bank and Middleburg Financial Corporation. In her position, Frazier will oversee holding company and bank operations. Joe Boling, Chairman and CEO of Middleburg Financial Corporation, said Frazier had been an integral part of the company's success. "Alice Frazier has been leading our management team and stewarding day-to-day operations of the bank for years. She's one of the major reasons the bank has excelled over the last decade. Under her leadership, the holding company and the bank will continue to be a market leader by emphasizing client service, community involvement and competitive products. I'm delighted for Alice and the company."