A Maryland banker will take the helm as president and chief executive officer of the Martha’s Vineyard Savings Bank, community bank leaders said in an announcement Monday.

James Anthony has been working as chief operating officer and executive vice president for Severn Bank, a community bank based in Annapolis. Prior to that he was president and CEO of the Chesapeake Bancorp and Chesapeake Bank and Trust in Maryland. He began his career as a consultant with McKinsey & Company and PricewaterhouseCoopers. He is a native of Maryland and holds an MBA in business administration from the University of Chicago, Booth School of Business and is a graduate of the ABA Stonier Graduate School of Banking at Georgetown University. He completed his bachelor of science and master’s degrees in engineering at the University of Maryland.

He begins work next month.

Mr. Anthony has previously vacationed on the Vineyard and plans to move to the Island with his wife and two daughters, the bank press release said.

“He is well-suited to lead our continuing success,” said bank board chairman Frank Fenner in a statement.

The savings bank has been without a president since January, when former president and chief executive officer Paul Falvey left to take a job at the Bank of New Hampshire.

The savings bank has assets of about $752 million and more than $1 billion under management, according to the FDIC.