E William Parsley III

Treasurer & Chief Investment Officer | The PNC Financial Services Group

E William Parsley is executive vice president, treasurer and chief investment officer for The PNC Financial Services Group.  He is responsible for asset and liability management with oversight of the firm's balance sheet, including PNC's asset resolution efforts and our capital and liquidity strategy.  In addition, he heads PNC’s economic and quantitative modeling teams, and oversees the firm's and regulatory stress testing submissions.  Parsley also heads PNC's retail lending business, including oversight of all mortgage banking activities and home lending.  

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

Parsley joined PNC in 2003 from JP Morgan Chase 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 JP Morgan Chase and has more than 25 years of experience in the financial service 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:

  • Boys and Girls Club of the Berkshires
  • Town of Lenox Scholarship Committee
  • Boston College Parent's Leadership Council