PNC to replace Philly bank boss

PNC Financial Services Group, the Pittsburgh-based company that ranks as the largest Pennsylvania-based bank, has named Paula Fryland as the new head of its Philadelphia-area banking region, replacing veteran Philadelphia banker William Mills, who will retire.

Fryland, a former PNC Healthcare chief and Rutgers graduate, had headed PNC's Raleigh, N.C.-based East Carolinas region for the past two years. Mills built PNC's regional banking operations, based on the former Provident National Bank, into a mass-market and high-quality-business-lending rival to market leader Wells Fargo (which is the successor to the former First Pa., PNB, Fidelity and Meridian banks) and competitors such as TD (Commerce) and CItizens (PSFS, Girard).