PNC Financial Services Group has named Thomas P. Melcher as PNC Asset Management Group’s chief investment officer. Melcher is currently managing executive of Hawthorn, PNC Family Wealth. He succeeds James P. Dunigan, who will be retiring in 2016.

“Jim’s financial insights and deep knowledge of the markets earned him the trust and respect of our clients over his 15 years as chief investment officer,” said Orlando Esposito, head of the PNC Asset Management Group. “Thom will build on Jim’s outstanding service. He brings a strong appreciation of our clients’ needs, as well as 20-plus years of investments experience, to the role.”