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Provident appoints executives, including COO, upon SB One merger

Provident Bank made a number of key leadership appointments following the completion of its merger with SB One Bank, including chief operating officer, the bank announced Thursday.

Anthony Labozzetta is now president and COO, responsible for overseeing the management of commercial banking, retail banking, human resources, marketing and operations. He will also play a key role in the development and execution of Provident’s operational and strategic initiatives and will report directly to Chief Executive Officer Chris Martin.

Labozzetta was previously president and CEO of SB One Bank, which he led through two successful mergers and expanded its footprint to 18 locations throughout New Jersey and neighboring New York. He has more than 25 years’ experience serving the region, including as executive vice president of the mid-Atlantic division of TD Bank North and senior executive vice president and chief operating officer at Interchange Financial Services.

Anthony Labozzetta will serve as president and COO at Provident Bank, following its acquisition of SB One.

Labozzetta

“I am proud to be a part of the oldest and one of the most respected financial institutions in New Jersey,” said Labozzetta said in a prepared statement. “Provident’s strong commitment to their employees, customers and communities is well-known throughout our market. I am excited by the opportunity to work with such a talented team and the prospects for growing and expanding our business.”

Vito Giannola was appointed executive vice president and chief retail banking officer. In this role, he will lead the branch network, retail operations and administration, as well as develop and manage the execution of the retail banking division’s overall sales and customer experience strategy.

Previously, Giannola served as senior executive vice president and chief banking officer of SB One Bank and was responsible for the leadership and strategic direction of the retail branch network, business development and the investment division. Prior to his time at SB One Bank, Giannola was a senior vice president, retail market manager with TD Bank, and has also held senior leadership positions with Chase and First Union Bank.

George Lista will continue in his role as president of SB One Insurance Agency Inc., a wholly-owned subsidiary of Provident Financial Services. In this role, Lista has overseen operation of the full-service insurance agency and brokerage services since 2001, when Tri-State Insurance Agency was acquired by Sussex Bank.

From left, Chris Martin, chairman, president and CEO of Provident Bank is presented a Rutgers football jersey by Patt Hobbs, director of intercollegiate athletics, Rutgers University, to commemorate the partnership between the two organizations.

From left, Chris Martin, chairman, president and CEO of Provident Bank is presented a Rutgers football jersey by Patt Hobbs, director of intercollegiate athletics, Rutgers University, to commemorate the partnership between the two organizations. – PRNEWSFOTO/PROVIDENT BANK

“I am pleased to welcome Tony, Vito and George to our executive management team and look forward to working with them,” said Martin in a prepared statement. “While with SB One, they were instrumental in achieving outstanding results and transforming the bank into a high-performing organization. Their talents and experience complement our existing management team and ensure we are well positioned to take advantage of growth opportunities.”

Josephine Moran was appointed executive vice president, chief corporate services and consumer lending officer. She’ll assume leadership of residential and consumer lending sales and production, corporate cash management, non-insured investments, government banking, merchant processing, payroll services, and small business lending. She will also oversee the development and implementation of strategies to drive production and revenue in these key business areas.

Moran joined Provident in 2018, most recently serving as executive vice president and director of retail banking, a role in which she was responsible for leading the overall sales and customer service strategy for the retail branch network, as well as driving results for the bank’s investment services, small business and residential and consumer lending areas. Over two decades in financial services, she has also served as senior vice president, regional manager and retirement services director with Webster Bank, and held senior leadership positions with Columbia Bank, Santander, Wells Fargo and Wachovia.

“Josephine’s exceptional knowledge of financial services and her extensive experience in residential and consumer lending, small business lending, government banking, and investment services will enable us to place greater emphasis on driving results in these important business units and enhance our ability to deliver innovative, best-in-class financial services to our customers,” said Martin.

Gabrielle Saulsbery
Albany, N.Y. native Gabrielle Saulsbery is a staff writer for NJBIZ and the newest thing in New Jersey. You can contact her at gsaulsbery@njbiz.com.

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