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B. Doyle Mitchell


B. Doyle Mitchell Jr., President and CEO of Industrial Bank, leads the largest minority-owned commercial bank in the Washington Metropolitan area and the fifth largest African-American owned financial institution in the country (recognized in Black Enterprise Magazine’s BE 100s 2018 list).


Mr. Mitchell is the third generation president of Industrial Bank, which was founded by his grandfather Jesse H. Mitchell in 1934. After receiving his bachelor’s degree in economics from Rutgers University in 1984, he began a full-time career at Industrial. He was elected to the Board of Directors in 1990 and succeeded his father as president in 1993.  B. Doyle Mitchell, Jr., believes Industrial Bank has remained strong because of its mission to promote the financial and economic empowerment of its diverse communities, and by serving those communities through high quality financial services and employees that really care.  Industrial has seven branches in Washington, DC, and Prince George’s County, Maryland, which provides a full range of quality banking and financial services, including residential, commercial, small business and SBA loans.   


Mr. Mitchell has served on the Board of the National Bankers Association (NBA), which represents the nation’s minority banks since 1999. During his tenure, he served two consecutive terms as chairman of the NBA from 2010-2013. 

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