Vakacherla joins Provident Bank as EVP, chief digital and innovation officer

About him

Ravi Vakacherla has joined Provident Bank as executive vice president, chief digital and innovation officer. In this role, he will be responsible for the bank’s digital initiatives, including strategy, data analytics, innovation, fintech partnerships, information technology and driving the core vendor relationships. In addition, Vakacherla will work closely with the executive leadership team on advancing the customer experience and creating value through enhanced digital tools and platforms, product offerings, analytics, services and technologies, while also partnering with innovative third-party solution providers. Prior to joining Provident, he was executive vice president, chief transformation officer with People’s United Bank. Vakacherla holds a bachelor’s degree in electrical and electronic engineering from Jawaharlal Nehru Technological University and a master’s degree in computer science from Midwestern State University.

About the company

Provident Bank, a community-oriented financial institution offering “Commitment You Can Count On” since 1839, is a wholly owned subsidiary of Provident Financial Services Inc. (NYSE: PFS), which showed assets of $13.72 billion as of June 30, 2022.