PNC Financial Services Announces New Members of Executive Committee

Source: Fazzaco 2020-07-28

The PNC Financial Services Group, Inc. (NYSE: PNC), one of the largest diversified financial services institutions in the United States, recently announced announced the addition of two new members to its Executive Committee.

Carole Brown will be Head of PNC's Asset Management Group (AMG), and Richard K. Bynum will serve in the newly created role of Chief Corporate Responsibility Officer.

Brown, who joined PNC in 2019 as chief change and risk officer for AMG and Corporate & Institutional Banking (C&IB), will be responsible for leading PNC's wealth management and private banking services for high-net-worth and ultra-high-net worth individuals and families, as well as custom investment and advisory solutions for institutional clients.

Bynum, who has more than 15 years of experience at PNC, most recently as regional president of Greater Washington, will lead PNC Community Affairs and Corporate Social Responsibility; Community Development Banking; and Diversity and Inclusion. In his new role, Bynum also will be responsible for leading the implementation of PNC's recently announced $1 billion commitment to help end systemic racism and support the economic empowerment of African Americans and low- to moderate-income communities.

Both executives will report to Chairman, President and Chief Executive Officer William S. Demchak.

"PNC is fortunate to have an excellent team of senior executives leading our company during these complex and challenging times. As we continue to drive PNC forward from a position of strength, we are thrilled to further enhance our leadership through the appointment of Carole and Richard to our executive team," Demchak said in the statement.

PNC Financial Services

Executive Moves

PNC Financial Services Announces New Members of Executive Committee

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