PITTSBURGH, March 13,
2024 /PRNewswire/ -- PNC Bank today announced that
Michael Thomas has been named head
of Corporate & Institutional Banking (C&IB), effective
immediately. Based in Pittsburgh,
Thomas will report to Michael P.
Lyons, president. Thomas succeeds Lyons in the role, after
Lyons was appointed president Feb. 20, 2024.
"Mike brings a unique depth and breadth of experience and a
history of strong performance and collaboration to his new role,"
said Lyons. "I am confident the C&IB business will continue to
flourish under his leadership."
During his 27-year career at PNC, Thomas has held progressive
leadership roles in Debt Capital Markets and Real Estate Banking.
Since 2020, he has served as head of PNC's Real Estate business,
where he has played a key role in accelerating technology
investments at PNC's Midland Loan Services unit, integrating BBVA
USA, driving PNC's affordable
housing and tax credit investments business and leading Real Estate
Banking through a challenging market environment. In 2023, Thomas
also assumed responsibility for the Corporate Strategy group,
supporting the research, planning and execution of strategic
initiatives across PNC's three lines of business.
Prior to joining PNC, Thomas worked at JPMorgan Chase. He is a
graduate of Yale University.
PNC's C&IB business provides a complete set of value-added
lending, treasury management, advisory and capital markets–related
products and services to companies, governments and nonprofits
across the U.S. and Canada. It is
one of the largest commercial and industrial and commercial real
estate lenders and one of the top treasury management providers in
the U.S.
PNC Bank, National Association, is a member of The PNC Financial
Services Group, Inc. (NYSE: PNC). PNC is one of the largest
diversified financial services institutions in the United States, organized around its
customers and communities for strong relationships and local
delivery of retail and business banking including a full range of
lending products; specialized services for corporations and
government entities, including corporate banking, real estate
finance and asset-based lending; wealth management and asset
management. For information about PNC, visit www.pnc.com.
CONTACTS:
MEDIA:
Timothy
Miller
(412) 762-4550
media.relations@pnc.com
INVESTORS:
Bryan
Gill
(412) 768-4143
investor.relations@pnc.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/pnc-names-michael-thomas-head-of-corporate--institutional-banking-302088429.html
SOURCE PNC Bank