E William Parsley III

Chief Operating Officer

The PNC Financial Services Group

E William Parsley is executive vice president and chief operating officer for The PNC Financial Services Group.

He oversees asset and liability management, capital and liquidity strategy, and regulatory stress testing. In addition, he heads PNC's retail lending business, including oversight of all mortgage banking activities and home lending.

Parsley serves on the board of directors of PNC Bank N.A., is the chairman of PNC Capital Markets, Inc., with responsibility for the firm’s institutional broker dealer activities, and is chairman of PNC Investment Corporation, Inc., managing the firm’s alternative investments.

Prior to being named to his current position in February 2018, Parsley served as treasurer and chief investment officer.

Parsley joined PNC in 2003 from JPMorgan Chase & Co., where he was head of its Global Derivative books and co-head of the North American Interest Rate Trading Group. In addition, he held other market-related positions at JPMorgan Chase and has more than 30 years of experience in the financial services industry, with specific expertise in managing credit, interest rate and currency risks.

He is active in youth-oriented athletic, developmental and educational programs. Parsley serves on the board of directors of the Boys and Girls Club of the Berkshires, the Town of Lenox Scholarship Committee and Boston College Parent's Leadership Council.

Parsley graduated summa cum laude from Boston College School of Management with a degree in finance and computer science.

Corporate & Community Leadership:

  • PNC Bank, N.A.
  • PNC Capital Markets, Inc.
  • PNC Investment Corporation
  • Boys and Girls Club of the Berkshires
  • Town of Lenox Scholarship Committee
  • Boston College Parent's Leadership Council