PNC appointed Alex Overstrom as head of PNC Aviation Finance, an aircraft lender that funded more than $3 billion in aircraft loans over the past five years. In addition, Keith Hayes joined the leadership team as national sales manager.

Overstrom will succeed Wayne Starling, a 40-year industry veteran. To ensure a smooth transition, Starling will serve as key advisor to PNC Aviation Finance until his retirement in 2017.

“Wayne has served this business well, bringing his unique mix of aviation knowledge and financing experience to address the variety of aircraft needs of corporate and individual customers alike,” said Doug Shaffer, executive vice president, PNC Bank. “With this solid foundation, we look forward to Alex’s leadership to deliver an exceptional customer experience through expert insight and innovative solutions.”

Overstrom previously served as chief operating officer for PNC Corporate and Institutional Banking where he was responsible for a broad set of strategic and administrative areas. He joined PNC in 2014 after an eight-year tenure at Goldman Sachs in investment banking and firmwide strategy.

Hayes has more than 25 years of sales and aviation finance experience, most recently serving as senior vice president with the corporate aircraft group at BB&T. Previous, Hayes served as national sales manager of the corporate aircraft group at GE Capital.

Starling joined PNC in 2004 as senior vice president and national sales manager from Aviation Finance Group, which was acquired by PNC.

PNC Aviation Finance has a portfolio of more than 500 aircraft.