The Bank Slate


Provident in N.J. promotes insider to bank CEO

Provident Financial Services in Iselin, N.J., has a new bank CEO. 

The $13.4 billion-asset company said in a press release Thursday that Tony Labozzetta had taken on the expanded role on Jan. 1. He succeeded Chris Martin, who became executive chairman of Provident Bank.

Labozzetta will remain the president for the company and the bank. He had also been the chief operating officer of Provident Financial and Provident Bank. 

Labozzetta joined Provident in late 2020 through the merger with SB One Bank, where he was president and CEO. 

“Tony has proven himself to be an advocate for elevating both the customer and employee experience,” Martin said in the release. “His philosophy is rooted in Provident’s vision, mission, and guiding principles.”

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