Provost turns into the 5th chairman within the basis’s 39-year historical past.
“David’s wealth of information in the neighborhood and fiscal areas will serve us neatly as we chart our strategic plan to be a collaborative useful resource for the citizens of southeast Michigan and our donor companions,” President Ric DeVore mentioned in a observation.
Whilst with TCF, Provost helped orchestrate its $6.9 billion sale to Huntington Financial institution in 2021. Provost has been at the Neighborhood Basis Board of Trustees since 2011, serving at the government and funding committees, Prison Monetary Community and the Detroit Space Sellers Affiliation (DADA) Fund Advisory Committee.
Provost up to now served as president and CEO of CHFC, the conserving corporate for Chemical Financial institution, the biggest headquartered financial institution in Michigan. Previous to that function, Provost was once the chairman and CEO of Talmer Financial institution and Believe, which merged with Chemical Financial institution. Below his management, Talmer Financial institution and Believe and its predecessor, First Michigan Financial institution, was once the quickest rising financial institution within the nation from 2010 to 2015, finishing 9 financial institution acquisitions. Up to now, Provost established two banks, The Financial institution of Bloomfield Hills and The Financial institution of Rochester, which he blended and offered to PrivateBancorp in 2005.
He began his banking profession at Producers Financial institution of Detroit, which sooner or later changed into a part of what’s now Comerica Inc.
Provost may be the chairman of the Detroit Symphony Orchestra and serves at the forums of administrators of the Detroit Athletic Membership and SAY Detroit.
He sits at the board of administrators and serves as chairman of the audit committee for Plastipak Packaging, Inc., a multibillion-dollar privately held world packaging corporate, is at the advisory forums of Detroit Regional Bucks for Students, Presbyterian Villages of Michigan Basis and Jap Michigan College (EMU) Faculty of Industry.
He’s a previous Dinner Chairman and Exceptional Management Award recipient for Yeshiva Beth Yehudah, the biggest non-profit day college in Michigan, previous chairman of the Michigan Bankers Affiliation – SE Michigan Area, and is a previous chairman of the board of trustees of Alma Faculty.
He is been a recipient of the Crain’s Detroit Industry 40 underneath 40, Deal Maker of the 12 months, and Maximum Influential Industry Execs.
He earned a bachelor’s stage from Alma Faculty, an MBA from Jap Michigan College, and graduated from the College of Wisconsin Faculty of Banking. He is married with two kids and is living in Birmingham.
