PNC Names Thomas Head of Corporate & Institutional Banking

PNC Bank named Michael Thomas head of corporate & institutional banking (C&IB), effective immediately. Based in Pittsburgh, Thomas will report to Michael P. Lyons, president of PNC Bank. Thomas is succeeding Lyons in the role after Lyons was appointed president of the bank in February.

“Mike brings a unique depth and breadth of experience and a history of strong performance and collaboration to his new role,” Lyons said. “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, playing a 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 the real estate banking unit 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.

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