Provident Bank Welcomes Diane Gigliotti as SVP, Controller and Mary Brown as SVP, Chief Compliance Officer
July 25 2023 - 8:00AM
Provident Bank, a leading New Jersey-based financial institution,
is pleased to announce the addition of two talented and experienced
leaders to the organization.
Diane Gigliotti has joined the bank as Senior Vice
President, Controller. Ms. Gigliotti is responsible for managing
the accounting, controls and financial operations as required by
accounting and regulatory requirements. Additionally, she leads the
budgeting, forecasting, long-term planning, and strategic business
planning of the financial team. Ms. Gigliotti is also responsible
for preparing financial analysis, modeling, and reporting and
directing the preparation of the annual business plan for
submission to the board of directors.
“I am thrilled to welcome someone with Diane’s
depth of experience to the accounting team,” said Adriano Duarte,
Executive Vice President, Chief Accounting Officer. “She brings
great attention to detail and sound business judgment to her work
and analysis. I look forward to working with her and the insight
she will provide,” added Mr. Duarte.
Ms. Gigliotti has more than 20 years’ experience in
accounting and finance in leadership positions of increasing
responsibility. Prior to joining Provident, she was Chief Financial
Officer & Managing Director with the BBVA New York Branch.
Before that, she was responsible for regulatory reporting,
financial statements and coordination with auditors as the CFO of
BBVA Securities Inc., a subsidiary of BBVA.
Ms. Gigliotti holds a Master of Business
Administration with specializations in Finance and International
Business from New York University. She also holds a Bachelor of
Science degree in accounting with a minor in English from Rutgers
University. She is a Certified Public Accountant in New York.
The Bank also announced that Mary Brown has been
appointed to the position of Senior Vice President, Chief
Compliance Officer. Ms. Brown is responsible for developing and
implementing a comprehensive compliance program to ensure effective
compliance risk management across all areas of the bank, while
providing regular reporting to the management governance committees
and the board of directors, as necessary. In addition, as the
bank’s Community Reinvestment Act (CRA) Officer, she is responsible
for assisting management with the implementation of strategies to
support Provident's community reinvestment goals of promoting
affordable housing initiatives and making a positive impact on
underserved communities within Provident's market.
“I am delighted to welcome Mary to this important
role on our Risk leadership team," said James Christy, Executive
Vice President, Chief Risk Officer. “Her record of success at a
range of financial institutions makes her a valuable contributor
towards the success of Provident, while we maintain our high
standards in risk management, regulatory compliance, and community
service,” added Mr. Christy.
Ms. Brown has more than 25 years’ experience in the
financial services industry in leadership roles of increasing
responsibility, with a successful record of providing sound advice
and risk stewardship, while building, leading, assessing, and
enhancing risk management programs. Most recently she served as
Managing Director and Chief Compliance Officer for HSBC, where she
provided strategic leadership for regulatory and financial crime
compliance, risk stewardship, and advisory support to the U.S.
retail bank, including areas of Wealth Management, Private Bank,
Asset Management, Retail Consumer, CRA and Fair Lending, and Small
Business.
Ms. Brown attended Hunter College in New York and
the National Compliance School at Purdue University, where she
completed courses in the Graduate School of Compliance. She holds a
post graduate diploma in International Governance, Risk and
Compliance from the Alliance Manchester Business School and holds
certificates from Wharton Business School.
About Provident BankProvident
Bank, a community-oriented financial institution offering
“Commitment you can count on” since 1839, is the wholly owned
subsidiary of Provident Financial Services, Inc. (NYSE:PFS), which
reported assets of $13.78 billion as of March 31, 2023. With $10.30
billion in deposits, Provident Bank provides a comprehensive suite
of financial products and services through its network of branches
throughout northern and central New Jersey, as well as Bucks,
Lehigh and Northampton counties in Pennsylvania and Nassau and
Queens Counties in New York. The Bank also provides fiduciary and
wealth management services through its wholly owned subsidiary,
Beacon
Trust Company and insurance services through its
wholly owned subsidiary, Provident Protection Plus, Inc. For more
information about Provident Bank, visit www.provident.bank or
join the conversations on Facebook (ProvidentBank) and Twitter
(@ProvidentBank).
CONTACT: Keith
Buscio732-504-9407Keith.buscio@provident.bank
Photos accompanying this announcement are available
at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/6128d2e4-cb64-4ce7-b07c-e5db9893aa37
https://www.globenewswire.com/NewsRoom/AttachmentNg/50aa2f27-c6dc-4a2f-96ef-40015380c4d5
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