Board of Directors

The Provident Group is governed by a Board of Directors with advice and consultation from its National Advisors Council. Provident's day-to-day activities are directed by its Senior Management headquartered in Baton Rouge, Louisiana.

Steve E. Hicks*
Chairman of the Board and Chief Executive Officer
Baton Rouge, Louisiana

Provident founder Steve Hicks serves as the company's Chairman and Chief Executive Officer. Steve practiced law for 25 years for a number of prestigious regional and national firms, specializing in the area of public finance with additional concentration in the area of legislative law. He participated in many public finance issues over his 25 year career in a variety of roles including bond counsel, underwriter's counsel, and counsel to the issuer. He played a major role in the formation of the Louisiana Public Facilities Authority, one of the nation's largest issuers of debt securities for a wide range of public projects. While practicing public finance law, Hicks was the principal attorney or supervisory partner on approximately $12 billion in project financings from 1973-1996 for acute care general hospitals, nursing facilities, affordable housing, and numerous other health care and other essential state and local government projects.

Hicks served as General Counsel to the Louisiana Senate Committee on Revenue and Fiscal Affairs (1976-1980) where his primary responsibility was for bond and tax legislation referred to the Committee and the Louisiana Public Facilities Authority from 1974-1980.

He served as a member of the Board of Directors of the Research Park Corporation, a public, nonprofit corporation organized by the Louisiana State Legislature to promote the development of high technology industries and research in Louisiana and Chaired the Audit Committee of the Research Park Corporation.


  • Juris Doctorate, Louisiana State University School of Law, Baton Rouge LA, 1973
  • Bachelor of Science, Louisiana State University, Baton Rouge LA, 1970

Professional Affiliations

  • American Bar Association
  • Louisiana State Bar Association
  • National Association of Bond Lawyers
  • American Health Lawyers Association
  • National Association of Proton Therapy
  • National Council of Public Private Partnerships
  • Fellow, Louisiana State University Academy of Politics

Community Involvement

  • Board of Directors, APP Properties, Inc., New Canaan CT, 2012-present
  • Board of Directors, O'Brien House, Baton Rouge LA, 2010
  • Board of Directors, American Red Cross – Louisiana Capital Region Chapter, 2000-2006
  • Board of Trustees, East Baton Rouge Mortgage Finance Authority, 2005

Walter G. Bumphus, Ph.D.
Washington D.C

Dr. Walter Bumphus currently serves as the President and Chief Executive Officer of the American Association of Community Colleges and was the recipient of the 2009 American Association of Community Colleges National Leadership Award. He served as distinguished professor in the Community College Leadership Program and as chair of the Department of Educational Administration. Dr. Bumphus held the A. M. Aikin, Jr. Regents Chair in Education Leadership at the University of Texas at Austin.

Dr. Bumphus also served as System President of Louisiana Community and Technical College System from 2001-2007, where he was responsible to the Louisiana Community and Technical College System Board of Supervisors for providing leadership and direction for the State's seven community colleges, two technical-community colleges, and the 40 Louisiana Technical College campuses. He also led the development and implementation of the Louisiana Community and Technical College System Leadership Development Institute where more than 150 leaders have undergone training and approximately 50 percent of the participants have been promoted within the System.

Dr. Bumphus was selected by the Association of Community College Trustees as the 2005 Marie Y. Martin CEO of the Year. From 1997-2000, Dr. Bumphus served as President of Voyager Expanded Learning, Higher Education Division, which created highly effective K-8 learning programs combining innovative curricula and advanced staff development and assessment to consistently achieve accelerated rates of learning. Voyager provided curricula to more than 1,000 school districts in 45 states. He was elected by community college presidents and chancellors to the American Association of Community Colleges' Board of Directors and was subsequently elected by members of the Board as Chairman of the Board of Directors for the American Association of Community Colleges for 1996-1997.


  • Ph.D. in Educational Administration, The University of Texas, Austin TX
  • Graduate of the Executive Leadership Institute's League for Innovation in the Community College
  • Master of Education in Guidance and Counseling; Bachelor of Science, Speech Communications -
    Murray State University, Murray KY

Thomas E. Greene III
Athens, Georgia

Thomas E. Greene III is nationally recognized in the fields of law, finance and asset protection. He is the founder of Liberty Street Advisory Group and Liberty Street Law. His professional experiences include: Senior Vice President and investment banker at Lehman Brothers and Goldman Sachs; in-house legal counsel for a national financial services firm; expert testimony before the United States Senate Finance Committee, the House Ways and Means Committee and the House Interstate and Foreign Commerce Committee; President’s transition team on capital finance; Chief Executive Officer American Stock Exchange-traded company; Distinguished Practitioner/Lecturer, University of Georgia Terry College; author, A Family Asset Protection Plan and nationally published articles; and asset protection lecturer, National Business Institute.


  • Juris Doctorate, Emory University Law School, Atlanta GA
  • New York University Graduate School of Business, 1972-1974
  • Bachelor of Arts, University of Georgia, Athens GA

Professional Accreditations and Affiliations

  • Registered Investment Advisor, State of Georgia
  • Member, Washington D.C. and Georgia Bar Associations

Thom W. Harrow*
New Canaan, Connecticut

Thom began his professional career in investment banking as an Associate, then Vice President with Dillon Read & Co. Inc., New York from 1976-1983. In 1983, he joined Morgan Stanley and Company as a Principal, and became a Managing Director and partner in 1986. From 1986-1995, Harrow was a Managing Director of Prudential Securities and a Senior Vice President of Donaldson Lufkin and Jenrette Securities Corporation. In 1995, he founded Harrow & Company, an investment banking and financial advisory firm devoted exclusively to financing infrastructure and distribution facilities, particularly at airport and maritime locations.

In 2006, he joined Volo Aviation in Stratford, CT where he served as President. Volo is a national aircraft charter operator and management company which also serves and operates fixed based operations in general markets. In 2008, Harrow formed Volo Capital Partners, LLC, of which he is the Managing Member. Capital Partners is the general partner of a real estate investment fund specializing in the acquisition, development, and operation of airport real estate assets.

In 2009, Thom formed Airport Property Partners, LLC, an investment group that acquired the FBO assets of Volo Aviation. As Chief Executive Officer of what is now APP Properties, Inc., he directs the national efforts of APP in continuing to grow their national portfolio of fixed based operations around the U.S.


  • Master of Business Administration, Columbia University School of Business, New York NY, 1976
  • Master of Science in Architecture, Columbia University School of Architecture, New York NY, 1976
  • Bachelor of Arts, Columbia College, New York NY, 1973

Nancy H. Henze
New York, New York

Between 1978 and 1996, Nancy was a successful investment banker specializing in Public Finance, Corporate Finance, and Federal Finance with several major Wall Street firms, including Dillon, Read and Company, Inc. (1978-1982); Shearson Lehman Brothers Inc. (1982-1990); and M. R. Beal and Company. From March of 2005 to January of 2007, she served as the Executive Director of the New York State Commission on Public Authority Reform. On December 31, 2008, Henze retired as the Executive Director of the Municipal Assistance Corporation for the City of New York where, during her 10-year tenure, she was responsible for the oversight and management of more than $2 billion in municipal debt and all financial, legal, and administrative functions of the Corporation.


  • Master of Business Administration in Finance, New York University Stern School of Business, New York NY
  • Bachelor of Arts, Vassar College, Poughkeepsie NY

Joseph H. Torrence*
Nashville, Tennessee

Mr. Torrence began his career in affordable housing finance in 1973 when he was appointed the first Executive Director of the Tennessee Housing Development Agency (THDA). Following his tenure at THDA, Mr. Torrence worked in the investment banking business for 31 years primarily structuring and executing mortgage backed securities transactions for state and local governmental issuers providing financial assistance to owners and developers of affordable housing. From 2002 to 2006, Mr. Torrence was Managing Director and co-head of the Affordable Housing Division of GMAC Commercial Holding Capital Corp. Under Mr. Torrence’s leadership, the Affordable Housing Division held the distinction of being Fannie Mae’s largest originator and servicer of Fannie Mae DUS Loans for Multifamily Affordable Housing properties for four years in a row.

In addition to providing financing for affordable housing, Mr. Torrence over the years has also been an owner and operator of multifamily affordable housing properties. Since 1975, Mr. Torrence has been involved in the ownership and operation of more than 2,000 apartment units. In May of 2006, Mr. Torrence retired from GMAC Commercial Holding Capital Corp. and formed Highmark Holdings, LLC to serve as his principal company to actively pursue additional opportunities to own and operate multifamily properties. Additionally, Mr. Torrence has formed Highmark Capital Advisors, LLC to provide mortgage debt advisory services to its clients.

Highmark Holdings, LLC is a Nashville, Tennessee based developer and sponsor of multifamily affordable housing, specializing in developments which qualify for Low Income Housing Tax Credits and tax-exempt bond financing. Since 2007, Highmark Holdings, LLC sponsored entities have purchased nine apartment communities located in Tennessee totaling over 1500 units.


  • Juris Doctorate, Vanderbilt University Law School
  • Bachelor of Science, University of Maryland

* Member of Board of Provident Resources Group Inc. and Provident Housing Resources Inc.
** Member of Board of Provident Affordable Housing Resources Inc. only.