Mark Wiedman

President

Mark Wiedman is president of The PNC Financial Services Group, Inc. He is responsible for PNC’s businesses. 

Prior to joining PNC in April 2025, Wiedman spent 21 years at BlackRock, including 13 years on the executive committee. Wiedman most recently headed the Global Client Business, responsible for BlackRock’s $11 trillion in client relationships, partnerships and joint ventures with financial institutions and investors. From 2011-2019, he served as global head of iShares and Index Investments and led iShares growth from $500 billion to $1.7 trillion. In 2009, he led the BGI-BlackRock integration and then strategy for the combined firm.

He joined BlackRock in 2004 to start the Financial Markets Advisory business and led BlackRock’s emergency assistance to governments and central banks during the financial crisis. Wiedman also led BlackRock's 2008 co-creation of Penny Mac (NYSE:PFSI), now the number two mortgage bank in the U.S., and served on its board until 2019.

Before BlackRock, he was senior advisor to the Under Secretary for Domestic Finance at the U.S. Treasury, an associate at McKinsey, and a law clerk on the U.S. Court of Appeals for the Seventh Circuit in Chicago.

He serves on the Executive Committee of the Allegheny Conference for Community Development and the board of Focusing Capital on the Long Term. He is a member of the Council on Foreign Relations. 

Wiedman earned a Bachelor of Arts, Phi Beta Kappa, magna cum laude, in Social Studies from Harvard College, and a Juris Doctor from Yale Law School. He was a Luce Scholar in Taipei, and has taught finance, policy and law at Yale Law and Renmin University in Beijing.