Carole L. Brown is head of Asset Management Group (AMG) for The PNC Financial Services Group. AMG provides investment, planning, credit and cash management solutions, and fiduciary services to institutions and to emerging wealth, high net worth and ultra-high net worth individuals.
Prior to her current role, Brown was chief change and risk officer for PNC’s AMG and Corporate & Institutional Banking businesses.
Brown served as chief financial officer for the City of Chicago under Mayor Rahm Emanuel from May 2015 to May 2019 after a more than 25-year career as one of the leading municipal finance investment bankers in the country. For six-and-half years, Brown also served as chairman of the Chicago Transit Authority Board.
She serves as board member for Steppenwolf Theatre Company, Metropolitan Planning Council and the Illinois Council Against Handgun Violence. She is also a member of The Economic Club of Chicago, The Executives’ Club of Chicago, The Chicago Network and The American Red Cross National Board of Governors.
Brown graduated from Harvard College with a Bachelor’s degree in government and earned a Master’s degree from Northwestern University’s Kellogg Graduate School of Management.