Provident Bancorp, Inc. announced that Mohammad "Mo" Ali Shaikh was appointed to the Board of Directors of both Provident Bancorp, Inc. and BankProv on January 27, 2022. Shaikh joins the Board from his most recent role at Meta Platforms, where he was instrumental in building Meta's global financial services system in partnership with leading blockchain companies and international banks. Shaikh founded Meridio.

He has vast experience and deep knowledge of advanced analytics, international investment and strategic advisory from Blackrock and The Boston Consulting Group. Furthermore, Shaikh is the former Director of Strategy for ConsenSys.