Provident Financial Holdings Announces CFO Appointment
Provident Financial Holdings (NASDAQ: PROV) has appointed Peter C. Fan as Senior Vice President, Chief Financial Officer, and Corporate Secretary, effective May 12, 2025. Fan joins from Royal Business Bank, where he served as SVP - Director of Finance and Treasury, and previously held a senior finance position at Pacific Western Bank. He brings extensive experience in strategic corporate initiatives, liquidity planning, and asset-liability management.
Fan holds an MBA from UCLA and a BS in Accounting from USC, along with an inactive CPA license in California. Provident, with over $1.3 billion in total assets and 13 retail banking centers, is the largest independent community bank headquartered in Riverside County, California, focusing on deposits and various lending services since 1956.
Provident Financial Holdings (NASDAQ: PROV) ha nominato Peter C. Fan come Senior Vice President, Chief Financial Officer e Corporate Secretary, con decorrenza dal 12 maggio 2025. Fan proviene da Royal Business Bank, dove ha ricoperto il ruolo di SVP - Direttore della Finanza e Tesoreria, e in precedenza ha occupato una posizione senior nel settore finanziario presso Pacific Western Bank. Porta con sé una vasta esperienza in iniziative strategiche aziendali, pianificazione della liquidità e gestione attivo-passivo.
Fan è in possesso di un MBA presso UCLA e di una laurea in Contabilità presso USC, oltre a una licenza CPA inattiva in California. Provident, con oltre 1,3 miliardi di dollari in attività totali e 13 filiali di banca al dettaglio, è la più grande banca comunitaria indipendente con sede nella contea di Riverside, California, focalizzata su depositi e vari servizi di prestito dal 1956.
Provident Financial Holdings (NASDAQ: PROV) ha nombrado a Peter C. Fan como Vicepresidente Senior, Director Financiero y Secretario Corporativo, con efecto a partir del 12 de mayo de 2025. Fan proviene de Royal Business Bank, donde se desempeñó como SVP - Director de Finanzas y Tesorería, y anteriormente ocupó un puesto financiero senior en Pacific Western Bank. Aporta una amplia experiencia en iniciativas corporativas estratégicas, planificación de liquidez y gestión de activos y pasivos.
Fan tiene un MBA de UCLA y una licenciatura en Contabilidad de USC, junto con una licencia CPA inactiva en California. Provident, con más de 1.300 millones de dólares en activos totales y 13 sucursales bancarias minoristas, es el banco comunitario independiente más grande con sede en el condado de Riverside, California, enfocado en depósitos y diversos servicios de préstamos desde 1956.
Provident Financial Holdings (NASDAQ: PROV)는 Peter C. Fan을 2025년 5월 12일부로 수석 부사장, 최고재무책임자(CFO), 기업 비서로 임명했습니다. Fan은 Royal Business Bank에서 재무 및 재무 관리 이사(SVP)로 근무했으며, 이전에는 Pacific Western Bank에서 고위 재무직을 역임했습니다. 그는 전략적 기업 이니셔티브, 유동성 계획 및 자산부채 관리에 대한 광범위한 경험을 보유하고 있습니다.
Fan은 UCLA에서 MBA를, USC에서 회계학 학사 학위를 받았으며, 캘리포니아에서 비활성 CPA 자격증을 보유하고 있습니다. Provident는 총 자산 13억 달러 이상과 13개의 소매 은행 지점을 보유한, 캘리포니아 리버사이드 카운티에 본사를 둔 가장 큰 독립 커뮤니티 은행으로, 1956년부터 예금 및 다양한 대출 서비스를 제공하고 있습니다.
Provident Financial Holdings (NASDAQ : PROV) a nommé Peter C. Fan au poste de Vice-Président Senior, Directeur Financier et Secrétaire Général, à compter du 12 mai 2025. Fan rejoint la société en provenance de Royal Business Bank, où il était SVP - Directeur des Finances et de la Trésorerie, et avait précédemment occupé un poste financier senior chez Pacific Western Bank. Il apporte une vaste expérience dans les initiatives stratégiques d'entreprise, la planification de la liquidité et la gestion actif-passif.
Fan est titulaire d'un MBA de l'UCLA et d'une licence en comptabilité de l'USC, ainsi que d'une licence CPA inactive en Californie. Provident, avec plus de 1,3 milliard de dollars d'actifs totaux et 13 agences bancaires de détail, est la plus grande banque communautaire indépendante dont le siège est situé dans le comté de Riverside, en Californie, se concentrant sur les dépôts et divers services de prêt depuis 1956.
Provident Financial Holdings (NASDAQ: PROV) hat Peter C. Fan zum Senior Vice President, Chief Financial Officer und Corporate Secretary mit Wirkung zum 12. Mai 2025 ernannt. Fan kommt von der Royal Business Bank, wo er als SVP - Direktor für Finanzen und Treasury tätig war, und hatte zuvor eine leitende Finanzposition bei der Pacific Western Bank inne. Er verfügt über umfangreiche Erfahrung in strategischen Unternehmensinitiativen, Liquiditätsplanung und Asset-Liability-Management.
Fan besitzt einen MBA von der UCLA sowie einen Bachelor of Science in Rechnungswesen von der USC und hält eine inaktive CPA-Lizenz in Kalifornien. Provident, mit über 1,3 Milliarden US-Dollar an Gesamtvermögen und 13 Filialen im Einzelhandelsbankgeschäft, ist die größte unabhängige Community Bank mit Hauptsitz im Riverside County, Kalifornien, die seit 1956 auf Einlagen und verschiedene Kreditdienstleistungen spezialisiert ist.
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RIVERSIDE, Calif., May 12, 2025 (GLOBE NEWSWIRE) -- Provident Financial Holdings, Inc. (“Company” or “Provident”), NASDAQ GS: PROV, the holding company for Provident Savings Bank, F.S.B. (“Bank” or “Provident”), today announced that Peter C. Fan has been appointed Senior Vice President, Chief Financial Officer, and Corporate Secretary of the Company and the Bank, effective May 12, 2025. Mr. Fan most recently served as Senior Vice President – Director of Finance and Treasury at Royal Business Bank since February 2024 and prior to that, as Senior Vice President – Finance at Pacific Western Bank from April 2014 to February 2024.
President and Chief Executive Officer Donavon P. Ternes commented, “I am pleased to announce the newest member of Provident’s senior management team and extend a warm welcome to Mr. Fan. Peter brings a wealth of financial leadership experience – acquired throughout his banking career particularly with strategic corporate initiatives, liquidity and capital planning, asset-liability management, budgeting, and forecasting. Peter, together with his colleagues at Provident, will continue our community banking focus which has served our local customers and communities very well for many years.”
Mr. Fan’s educational background includes a Master of Business Administration from the University of California at Los Angeles and a Bachelor of Science in Accounting from the University of Southern California. Mr. Fan is also a Certified Public Accountant in California (Inactive).
About Provident
With over
Safe-Harbor Statement
Certain matters in this News Release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may relate to, among others, expectations of the business environment in which the Company operates, projections of future performance, perceived opportunities in the market, potential future credit experience, and statements regarding the Company’s mission and vision. These forward-looking statements are based upon current management expectations, and may, therefore, involve risks and uncertainties. The Company’s actual results, performance, or achievements may differ materially from those suggested, expressed, or implied by forward-looking statements as a result of a wide range of factors including, but not limited to, the general business environment, interest rates, the California real estate market, competitive conditions between banks and non-bank financial services providers, regulatory changes, and other risks detailed in the Company’s reports filed with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 30, 2024.
Contacts:
Donavon P. Ternes
President and
Chief Executive Officer
Tam B. Nguyen
Senior Vice President and
Chief Financial Officer
(951) 686-6060
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