Cydney Shapleigh Named Next President of NHTrust

Cydney Shapleigh, senior vice president at NHTrust, a wealth management firm in Concord, has been named the company’s next president. Shapleigh, who joined NHTrust in January 2024, will become president on Oct. 1 as part of a leadership transition. Current President Paul Provost, who has led NHTrust and predecessor companies for the past 22 years, is shifting into an advisory role serving core clients he has personally worked with for many years.

NHTrust, which manages more than $1.3 billion in assets, is an affiliate of NH Mutual Bancorp.

“To prepare for this key leaderships transition, the Board and I have been evaluating succession candidates,” says Gregg Tewksbury, CEO of NH Mutual Bancorp. “When Cydney joined us in January as a member of NHTrust’s leadership team, we recognized the strength and experience she brought to us and her committed focus on future growth and new opportunities. Cydney’s tremendous experience, past wealth industry successes, and vision for NHTrust made her the obvious and right choice to lead NHTrust to the next level for our company. The Board and I are truly excited about her assuming this key role to lead us into a new chapter.”

Shapleigh has nearly three decades of executive level experience in the banking industry in NH. Prior to joining NHTrust, she was a senior transformation program manager at Bottomline Technologies. From 2007 to 2022, Shapleigh worked in several leadership capacities at Bank of NH. This included serving as head of wealth management, executive vice president–chief wealth management officer, chief retail banking officer and member of the executive committee. Prior to Bank of NH, she served in many capacities with TD Bank, including senior financial advisor.

“I am excited about taking on the role as president of NHTrust,” Shapleigh says. “We have tremendous resources across our organization that enable us to provide a level of professional services through staff expertise, experience and technology tools that rival firms with a national focus. I believe these resources, when combined with our deep local roots, enable us to really emphasize personalized customer service. I look forward to building on Paul’s leadership, the solid foundation and the collective efforts of NHTrust team members to further enhance our reach and ability to be the first-choice provider of wealth management services across New Hampshire and beyond.”

As Provost transitions exclusively to client work, he will continue to provide financial planning expertise, economic and investment knowledge and personal customer service to the benefit of NHTrust clients.

“We are also very excited that Paul will continue to focus directly on client work and his passion for fulfilling client needs by continuing to utilize his many years of advisory and consulting expertise,” Tewksbury says. 

Shapleigh is a long-time NH resident wand is active within her hometown of Alton, currently serving as school moderator. She also serves on the Northeast Delta Dental Board where she chairs the Corporate Governance Committee. Shapleigh attended Southern NH University and holds a Bachelor of Science degree in business administration, graduating magna cum laude. She also earned a project manager certificate from IAP Career College and is a Certified Financial Trust Advisor.