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Tag Archives: Provident Bank

Provident, Lakeland banks clinch $1.3B merger agreement

Chris Martin, chairman, president and CEO of Provident Financial Services Inc., the holding company for Provident Bank, was joined by members of the financial institution’s ProvidentWomen initiative to help celebrate the bank’s 180th anniversary by ringing the opening bell at the New York Stock Exchange on Aug. 9. Pictured front row from left, Colleen Hanley; Andrea Reid; Corinne Kison; Martin; Bernadette Macko; Darleen Gillespie; Chris Taylor, NYSE; Nancy Wynant; and back row from left, Susan Hayes; Danielle Hernandez‑Roman; Samantha Plotino; Sandra Kennedy and Josephine Moran.

“We are excited to announce this transformational combination of two amazing organizations," Provident CEO and President Anthony Labozzetta said in a prepared statement. "The scale and profitability of the combined organization will enable us to invest in the future, better compete for market share, and better serve our customers and communities."

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Ravi Vakacherla

Ravi Vakacherla has joined Provident Bank as executive vice president, chief digital and innovation officer.

Ravi Vakacherla will be responsible for the financial institution's initiatives in this area, including strategy, data analytics, innovation, fintech partnerships, information technology and driving the core vendor relationships.

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