People Moves
PNC Names Senior Figure As President
The group provides services that include wealth management and private banking, among others.
Pittsburgh (pictured)-headquartered PNC Financial Services Group has appointed one of its senior figures, Michael P Lyons, as its president. Lyons is also president of the group’s banking subsidiary, PNC Bank. The appointment takes effect immediately.
The previous president was Bill Demchak, who is continuing as chairman and CEO of the PNC Financial Services Group, and its wholly-owned banking subsidiary, PNC Bank, National Association.
Lyons will report to Demchak. PNC's primary operating lines of business and the regional presidents’ office will report to Lyons.
Lyons has been an executive vice president and head of corporate and institutional banking since he joined PNC in October 2011. Prior to PNC, Lyons served as global head of corporate development and strategic planning for Bank of America.
PNC provides a range of services including wealth management and private banking.