The board of directors of Commonwealth Bank and Trust Co. of Virginia has elected Hugh W. Compton as the bank's new president and chief executive officer. Compton comes to Commonwealth after serving seven years as executive vice president of the Northern Virginia Bank.

Compton has had 27 years of banking experience, during which he has served as a member of the advisory board of the Regional Clearing Center, Baltimore Branch of the Federal Reserve; member of the board of directors of the Virginia Bankers Association; 1977 vice chairman and 1978 chairman of the Northern Virginia Bankers Association and 1977 chairman of Group VI of the Virginia Bankers Association.

John C. Walden has been elected president of Arlington Mortgage Co., a subsidiary of First Virginia Bank.

Before joining Arlington Mortgage, Walden was executive vice president of Metropolitan Mortgage Fund Inc. Previously, he was senior vice president in charge of the real estate and mortgage department of Central National Bank in Richmond.

Patty Abramson has joined the public affairs consulting firm of Hager-Sharp Associates Inc. as a principal and owner of the company.

Abramson will direct media, promotion and conference management activities for the firm. She has been a consultant to Hager-Sharp for the past two years and before that was an account executive at Abramson Himelfarb Advertising and promotion director for the Sentinel Newspapers.

Sally Bender has been named director of the Office of Women-in-Business of the U.S. Small Business Administration. She will be in charge of SBA's activities to help women start or expand a business. Previously, Bender was assistant regional director for public affairs, communications and advocacy in the SBA's New York regional office.

Before joining the SBA, Bender served for four years in the women's unit of the executive Chamber of the State of New York. She was a founding member of the National Women's Political Caucus and the Interstate Association of Commissions on the Status of Women.

William R. Fair has been promoted to director of public relations of the Goodyear Tire & Rubber Co.He was formerly the company's public relations manager in Washington and the Southern region.

Fair joined the Kelly-Springfield Tire Co., a subsidiary of Goodyear, in 1964 as editor of publications and manager of the news bureau. He came to Goodyear in 1967 as coordinator of plant publications in Arkon, Ohio, and came to Washington in 1976.