PNC Names New Mortgage Chief

PNC Financial Services Group (NYSE: PNC  ) has appointed a new chief executive officer of its PNC Mortgage division. E. Todd Chamberlain is to take up the position, replacing Saiyid Naqvi following the latter's retirement at the end of April. Like Naqvi, he will also join the banking conglomerate's executive committee.

Chamberlain joined PNC in 2011 and has served as the mortgage division's president and chief operating officer. Before that, he occupied executive positions in Regions Financial and insurance giant American International Group.

Naqvi had been the head of PNC's mortgage operations until 2001, when the company divested that business. He returned in 2009 following the bank's acquisition of National City Mortgage, which subsequently became PNC Mortgage.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2323918, ~/Articles/ArticleHandler.aspx, 9/16/2014 1:55:16 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement