The Bank Slate

INSIGHTS INTO THE BANKING INDUSTRY

PNC president leaving to lead Fiserv

Fiserv has recruited the president at PNC Financial Services Group in Pittsburgh to become its next leader.

PNC said in a press release that Michael Lyons is leaving to become president and CEO-elect at Fiserv. Lyons, who joined PNC in 2011, became president last year.

“Mike has been with PNC for 13 years and has been instrumental in our growth and success,” PNC Chairman and CEO William Demchak said in the release.

“He is leaving to go to a great client and partner, and we wish him well,” Demchak added. “We have built a tremendous leadership team together, and I am confident that we won’t miss a step in our journey to becoming one of the largest and most successful banks in the country.”

Fiserv CEO Frank Bisignano is expected to step down once confirmed to serve as commissioner of the Social Security Administration.

Leave a Reply

Your email address will not be published. Required fields are marked *