Wednesday, March 07, 2001
Cincinnati shines for company
The top executive at PNC Financial Services Group Inc. is bullish on the banking company's Cincinnati operation.
“We just had our best year there ever in terms of net income, so we like what's happening there,” said James Rohr, PNC's president and chief executive.
It was 13 years ago that the Pittsburgh-based parent of PNC Bank entered the Cincinnati market with its acquisition of the Central Trust Co., then the area's dominant bank. The Central Trust name was changed to PNC in 1993.
Though Cincinnati's Fifth Third Bank now dominates the local banking scene, PNC has kept a strong presence here and is the area's fourth-largest bank (based on deposits and assets of more than $4 billion). PNC has 47 branches and 680 employees locally.
In an interview with the Enquirer, Mr. Rohr said PNC is committed to Cincinnati. He said its banking operations here are among PNC's most profitable and fastest-growing nationally.
In particular, he pointed to John Haller, PNC's outgoing regional president in Ohio and Northern Kentucky; John T. Taylor, head of corporate lending; and Ellen van der Horst, head of consumer banking for PNC in the Tristate, for the Cincinnati bank's success.
“They've done an outstanding job for us,” he said. “We're really going to miss John (Haller) but wish him the best.”
Mr. Taylor will succeed Mr. Haller as regional president effective March 15, when Mr. Haller plans to retire.
— Jeff McKinney
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