ISELIN, N.J., July 22, 2025 (GLOBE NEWSWIRE) -- Provident Bank, a leading New Jersey-based financial institution, has announced the appointment of Maheshkumar Kandasamy as SVP, Enterprise Architecture Director. Mr. Kandasamy will provide technical leadership, oversee the bank's enterprise and business solutions architecture function, and play a key role in developing technology strategies. He will report to Satish Harikrishnan, SVP, Technology Services Director.

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In this role, Mr. Kandasamy will be instrumental in ensuring Provident Bank's technology strategy aligns with its overall business strategy, with a strong focus on scalability, security, and regulatory compliance of the bank's systems. He will establish and mature the enterprise architecture practice within the bank, driving strategic initiatives in modernization, AI/ML adoption for sustained growth, and platform resiliency.

"We are thrilled to welcome Maheshkumar Kandasamy to Provident Bank," said Satish Harikrishnan. "His extensive experience in enterprise architecture and his proven leadership in driving technological innovation and strategic alignment will be invaluable as we continue to enhance our technology capabilities and support our business growth."

Mr. Kandasamy brings over 24 years of experience driving innovation, efficiency, and growth in fast-paced technology environments. He has significant expertise in the banking and capital markets industries and has a proven track record of building and scaling high-performance engineering teams to deliver cutting-edge solutions.

"I am excited to join Provident Bank and contribute to its strategic technology initiatives," said Mr. Kandasamy. "I look forward to leveraging my experience to help drive business growth and enhance customer experience, all while fostering a culture of innovation and excellence within the team."

Prior to joining Provident Bank, Mr. Kandasamy served as Director of Core Banking at Teachers Federal Credit Union, where he headed enterprise applications and was responsible for strategy leadership, technology innovation, product development, risk and regulatory compliance, and vendor management, among other areas. Prior to that, he served as the Global Delivery Head at Mphasis Corporation, for one of its largest banking clients overseeing technology initiatives in Retail, Wholesale Banking & Payments, Commercial Cards, and Merchant Services LOBs.

About Provident Bank

Founded in Jersey City in 1839, Provident Bank is the oldest community-focused financial institution based in New Jersey and is the wholly owned subsidiary of Provident Financial Services, Inc. (NYSE:PFS). With assets of $24.22 billion as of March 31, 2025, Provident Bank offers a wide range of customized financial solutions for businesses and consumers with an exceptional customer experience delivered through its convenient network of more than 140 branches across New Jersey and parts of New York and Pennsylvania, via mobile and online banking, and from its customer contact center. 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. To learn more about Provident Bank, go to www.provident.bank or call our customer contact center at 800.448.7768.

Media Contact:

Keith Buscio - Keith.Buscio@provident.bank

Vested - Providentbank@fullyvested.com

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