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PNC ANNOUNCES NEW CHIEF EXECUTIVE OFFICERS AT ITS PITTSBURGH AND CINCINNATI BANKS; NAMES PNC CHIEF INVESTMENT OFFICER

PNC ANNOUNCES NEW CHIEF EXECUTIVE OFFICERS AT ITS PITTSBURGH AND
 CINCINNATI BANKS; NAMES PNC CHIEF INVESTMENT OFFICER
 PITTSBURGH, Aug. 20 /PRNewswire/ -- Thomas H. O'Brien, chairman and chief executive officer of PNC Financial Corp (NYSE: PNC), today announced key executive appointments at two of its major banks and at the holding company.
 Bruce E. Robbins, chairman and chief executive officer of Central Trust, Cincinnati, has been elected president and chief executive officer of Pittsburgh National Bank, PNC's largest bank. As president of Pittsburgh National, he succeeds Joe R. Irwin, who has been promoted to executive vice president and chief investment officer of PNC, with responsibility for all of the corporation's asset and liability functions, treasury functions and PNC's investment banking and brokerage activities.
 As previously announced, Ralph S. (Mike) Michael III, will succeed Robbins as chief executive officer of Central Trust. He was named president in May.
 James E. Rohr, chairman and chief executive officer of Pittsburgh National, will continue to serve as chairman of Pittsburgh National in addition to his duties as president of PNC.
 The appointments are effective Sept. 1.
 Commenting on the appointments, O'Brien said, "Bruce Robbins, Mike Michael and Joe Irwin are outstanding examples of the managerial capabilities within PNC.
 "Bruce Robbins has had an outstanding career at Pittsburgh National, as chief credit policy officer for PNC and as the chief executive of one of our major banks. He will return to Pittsburgh to lead Pittsburgh National and assist Jim Rohr as we bring our Pennsylvania banks together under one charter.
 "Joe Irwin has successfully managed interest rate risk and guided the asset and liability function for Pittsburgh National and other PNC banks. His new position will give him broader companywide responsibilities for these areas, the PNC treasury function and our fast-growing business in securities and investment banking.
 "Mike Michael will lead Central Trust's expansion in southern Ohio and northern Kentucky, outstanding growth markets."
 Robbins was named president of The Central Bancorporation Inc. in 1990 and chairman and chief executive officer of Central Trust later that year. He joined Pittsburgh National Bank in 1973 and rose through its commercial banking division, being elected vice president in 1979 and senior vice president and manager of the Multinational division's Pittsburgh/Ohio Group in 1981. He was elected executive vice president of PNC in 1989 and given responsibility for credit policy throughout the company.
 He is a member of the boards of trustees of the Greater Cincinnati Chamber of Commerce, INROADS Cincinnati, Inc., and the Cincinnati Business Committee. He also serves on the board of directors of Eastern Stainless Corporation.
 Robbins received a bachelor of arts degree from Indiana University of Pennsylvania in 1968.
 Michael joined Pittsburgh National in 1979 as a commercial banking representative and was named commercial banking officer in 1980, assistant vice president in the U.S. Group in 1981 and vice president in the Multinational division in 1982. He was appointed senior managing director of PNC Merchant Banking Company, a PNC company, in 1988. In 1991, he was elected executive vice president of Pittsburgh National, with management responsibility for the bank's corporate lending and corporate finance activities.
 Michael is a member of the boards of directors of Wetterau Properties Inc., Wetterau Insurance Company, Ltd., and T.H.E. Inc. In addition, he is a member of the boards of trustees of the Greater Cincinnati Chamber of Commerce, INROADS Cincinnati, Inc., and the Cincinnati Business Committee.
 Michael received his bachelor of arts degree in 1977 from Stanford University and his master's degree in business administration from the UCLA Graduate School of Management in 1979.
 Irwin has been president of Pittsburgh National since 1989. He has been responsible for the Asset and Liability Management, Credit Policy, International Banking and Economics divisions of the bank and for PNC Securities Corp's operations.
 Irwin joined Pittsburgh National in 1963 and was named vice president six years later. In 1975 he was named senior vice president of Asset and Liability Management and was elected executive vice president in 1985. He was elected president in 1989.
 He has served as chairman, chief executive officer and director of PNC Funding Corp; chairman and director of PNC International Investment Corporation; and chairman and director of PNC International Bank.
 Irwin is also a director and member of the executive committee of Blue Cross of Western Pennsylvania; director of Civic Light Opera; chairman of Dinamo; director and treasurer of Girls' Hope; director and member of the executive committee, The Greater Pittsburgh Chamber of Commerce; director and member of the executive committee of Pennsylvania Economy League, Inc.; and member of the governing council of the Pennsylvania Bankers Association. He is a former chairman of the American Bankers Association Investment and Funds Management Executive Committee; former chairman of the Pennsylvania Bankers Association Investment Committee; and has served as a member of the American Bankers Association Government Relations Council.
 Irwin received his bachelor of science degree in 1958 and his master's in business administration in 1963, both from the University of Wisconsin.
 PNC Financial Corp, headquartered in Pittsburgh, is the nation's 13th-largest bank holding company, with assets of $44.5 billion. It operates approximately 500 community banking offices in Pennsylvania, Kentucky, Ohio, Indiana and Delaware and conducts business through additional offices in 16 states.
 PNC's principal banking affiliates include: Pittsburgh National Bank, Pittsburgh; Provident National Bank, Philadelphia; Citizens Fidelity Bank, Louisville, Ky.; Central Trust, Cincinnati; Bank of Delaware, Wilmington, Del.; Northeastern Bank, Scranton, Pa.; Marine Bank, Erie, Pa.; PNC National Bank, Wilmington, Del.; Hershey Bank, Hershey, Pa.; and The First Bank and Trust Company, Mechanicsburg, Pa.
 /delval/
 -0- 8/20/92
 /CONTACT: Jonathan Williams, media, of PNC Financial, 412-762-4550, or at home, 412-257-3257; Jeanne Stricker of Central Trust, 513-651-8803; or William H. Callihan, investors, of PNC Financial, 412-762-8257/
 (PNC) CO: PNC Financial Corp; Central Trust; Pittsburgh National Bank ST: Pennsylvania, Ohio IN: FIN SU: PER


DM -- PG001 -- 1702 08/20/92 12:13 EDT
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Date:Aug 20, 1992
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