Mark Wiedman Joins PNC As President
PNC Financial Services Group (NYSE: PNC) has appointed Mark Wiedman as president of the and PNC Bank, effective immediately. Wiedman, who will report to Chairman and CEO William S. Demchak, joins PNC from BlackRock where he was senior managing director and member of the Global Executive Committee.
At BlackRock, Wiedman headed the Global Client Business managing $11 trillion in commercial relationships and previously led iShares and Index Investments, growing it from $500 billion to $1.7 trillion. He also led BlackRock's Financial Markets Advisory and assisted governments during the financial crisis.
The appointment comes as PNC executes its growth-focused strategy, having achieved positive operating leverage in 2024. The bank aims to scale operations by expanding its client base through diversified products and services, leveraging technology, and growing brand awareness.
PNC Financial Services Group (NYSE: PNC) ha nominato Mark Wiedman come presidente di PNC e PNC Bank, con effetto immediato. Wiedman, che riporterà al Presidente e CEO William S. Demchak, arriva a PNC da BlackRock, dove era direttore generale senior e membro del Comitato Esecutivo Globale.
Presso BlackRock, Wiedman ha guidato il Global Client Business gestendo $11 trilioni in relazioni commerciali e ha precedentemente diretto iShares e Index Investments, portandolo da $500 miliardi a $1.7 trilioni. Ha anche guidato il Financial Markets Advisory di BlackRock e ha assistito i governi durante la crisi finanziaria.
Questa nomina arriva mentre PNC attua la sua strategia focalizzata sulla crescita, avendo raggiunto una leva operativa positiva nel 2024. La banca mira a scalare le operazioni espandendo la propria clientela attraverso prodotti e servizi diversificati, sfruttando la tecnologia e aumentando la consapevolezza del marchio.
PNC Financial Services Group (NYSE: PNC) ha nombrado a Mark Wiedman como presidente de PNC y PNC Bank, con efecto inmediato. Wiedman, quien reportará al Presidente y CEO William S. Demchak, se une a PNC desde BlackRock, donde fue director gerente senior y miembro del Comité Ejecutivo Global.
En BlackRock, Wiedman dirigió el Global Client Business gestionando $11 billones en relaciones comerciales y anteriormente lideró iShares e Index Investments, haciéndolo crecer de $500 mil millones a $1.7 billones. También dirigió el Financial Markets Advisory de BlackRock y asistió a gobiernos durante la crisis financiera.
Este nombramiento se produce mientras PNC ejecuta su estrategia centrada en el crecimiento, habiendo logrado un apalancamiento operativo positivo en 2024. El banco tiene como objetivo escalar operaciones expandiendo su base de clientes a través de productos y servicios diversificados, aprovechando la tecnología y aumentando la visibilidad de la marca.
PNC Financial Services Group (NYSE: PNC)는 Mark Wiedman을 PNC 및 PNC Bank의 사장으로 즉시 임명했습니다. Wiedman은 의장 겸 CEO인 William S. Demchak에게 보고하며, BlackRock에서 수석 관리 이사이자 글로벌 집행 위원회의 일원으로 PNC에 합류합니다.
BlackRock에서 Wiedman은 $11조의 상업적 관계를 관리하는 글로벌 클라이언트 비즈니스를 이끌었으며, 이전에는 iShares 및 인덱스 투자 부서를 이끌며 이를 $5000억에서 $1.7조로 성장시켰습니다. 그는 또한 BlackRock의 금융 시장 자문을 이끌고 금융 위기 동안 정부를 지원했습니다.
이번 임명은 PNC가 2024년에 긍정적인 운영 레버리지를 달성하며 성장 중심의 전략을 실행하는 가운데 이루어졌습니다. 은행은 다양한 제품과 서비스를 통해 고객 기반을 확장하고, 기술을 활용하며, 브랜드 인지도를 높여 운영을 확장하는 것을 목표로 하고 있습니다.
PNC Financial Services Group (NYSE: PNC) a nommé Mark Wiedman président de PNC et de PNC Bank, avec effet immédiat. Wiedman, qui rendra compte au président et PDG William S. Demchak, rejoint PNC en provenance de BlackRock, où il était directeur général senior et membre du comité exécutif mondial.
Chez BlackRock, Wiedman a dirigé le Global Client Business, gérant 11 billions de dollars en relations commerciales, et a précédemment dirigé iShares et Index Investments, le faisant passer de 500 milliards à 1,7 trillion de dollars. Il a également dirigé le Financial Markets Advisory de BlackRock et a assisté les gouvernements pendant la crise financière.
Cette nomination intervient alors que PNC met en œuvre sa stratégie axée sur la croissance, ayant atteint un effet de levier opérationnel positif en 2024. La banque vise à étendre ses opérations en élargissant sa clientèle grâce à des produits et services diversifiés, en tirant parti de la technologie et en augmentant la notoriété de la marque.
PNC Financial Services Group (NYSE: PNC) hat Mark Wiedman zum Präsidenten von PNC und PNC Bank ernannt, mit sofortiger Wirkung. Wiedman, der an den Vorsitzenden und CEO William S. Demchak berichtet, wechselt von BlackRock zu PNC, wo er als Senior Managing Director und Mitglied des Global Executive Committees tätig war.
Bei BlackRock leitete Wiedman das Global Client Business und verwaltete $11 Billionen in Geschäftsbeziehungen. Zuvor führte er iShares und Index Investments und steigerte diese von $500 Milliarden auf $1,7 Billionen. Außerdem leitete er BlackRocks Financial Markets Advisory und unterstützte Regierungen während der Finanzkrise.
Die Ernennung erfolgt, während PNC seine wachstumsorientierte Strategie umsetzt und 2024 eine positive operative Hebelwirkung erzielt hat. Die Bank hat sich zum Ziel gesetzt, die Betriebsabläufe durch die Erweiterung ihrer Kundenbasis mit diversifizierten Produkten und Dienstleistungen, durch den Einsatz von Technologie und durch die Steigerung der Markenbekanntheit zu skalieren.
- Appointment of experienced executive Mark Wiedman with proven track record of growing assets from $500B to $1.7T at BlackRock
- Achieved positive operating leverage in 2024
- Strategic focus on technology and growth initiatives
- None.
Finance Executive to Accelerate Growth and Extend Strong Leadership Team
Wiedman will report to PNC Chairman and Chief Executive Officer William S. Demchak. PNC's primary operating lines of business and the Regional Presidents Office will report to Wiedman.
"I'm thrilled Mark has joined us in this role," said Demchak. "Banking today is nothing like your father's bank – not even close. Mark brings deep experience from a fast-moving, tech-forward, consolidating industry that aligns perfectly with where we are headed, and which is why Mark is the right fit for this role. I have worked with Mark for 20 years, and we are fortunate that the timing was right for him to join our team."
PNC is executing a clear, growth-focused strategy backed by strategic investments and disciplined execution. In 2024, the bank successfully strengthened customer relationships and achieved positive operating leverage. PNC has significant opportunity to scale the bank to capitalize on this momentum, growing its client base through diversified products and services, leveraging technology for best-in-class service and security, and growing brand awareness and consideration by doing what is right for our customers, communities, employees and shareholders.
Wiedman was previously senior managing director at BlackRock and a member of the Global Executive Committee. He played a key role in driving organic growth and business transformation, while leading strategic initiatives both within and beyond the firm.
Wiedman was most recently the head of the Global Client Business responsible for BlackRock's
"PNC has earned one of the most exciting spots in
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
CONTACTS
MEDIA:
Anne Pace
(631) 338-3268
anne.pace@pnc.com
INVESTORS:
Bryan Gill
(412) 768-4143
investor.relations@pnc.com
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SOURCE The PNC Financial Services Group, Inc.
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