PNC Financial appoints Douglas Dachille to board

The PNC Financial Services Group (PNC) appointed Douglas Dachille to its board of directors effective February 3… He has also been appointed to the board’s risk committee. Dachille served as chief investment officer of American International Group (AIG) from 2015 until 2021. He joined AIG through its acquisition of First Principles Capital Management, an institutional fixed income asset manager, which he co-founded and led as chief executive officer. Prior to First Principles, he served as president and chief operating officer of Zurich Capital Markets. Dachille began his career at JPMorgan Chase, where he was global head of proprietary trading and co-treasurer. “We are thrilled to welcome Doug as a new independent director. His unique perspective of the financial services sector will help steer our accelerated growth strategy,” said William S. Demchak, chairman and chief executive officer of PNC. Dachille serves on the boards of Equitable Holdings, Inc. and BridgeBio Pharma, Inc. He received a B.S. in a special joint biomedical education program through Union University and Albany Medical College. He also received an M.B.A. in finance from the University of Chicago.