PNC Financial Services Group has officially named Michael P. Lyons as its new president, writes Patty Tascarella for the Philadelphia Business Journal. 

Lyons is an alumnus of the University of Pennsylvania, having graduated from the school in 1993. 

He joined PNC in October 2011, serving as an executive vice president and head of corporate & institutional banking.

“For more than a decade, Mike has been a vital leader in growing the firm and building expertise in service of our commercial and institutional clients,” PNC Chairman and CEO Bill Demchak said in a prepared statement. 

During his tenure, he has helped lead PNC’s strategic acquisitions of RBC Bank USA in 2012 and BBVA USA in 2021, and spearheaded the national expansion of the company’s corporate businesses.

Lyons was also instrumental in building out PNC’s treasury management platform and expanding its suite of advisory capabilities and industry verticals.

Now, he has been promoted as the new president.

“In his new role, he will be instrumental in further driving responsible growth across our franchise and strengthening PNC’s position as a leading national bank,” Demchak said of Lyons.

Read more about Michael P. Lyons’ journey to becoming the new president of PNC Financial Services Group at the Philadelphia Business Journal. 

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