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Asset Servicing Expert

Peter B. Cherecwich portrait

Peter B. Cherecwich

President, Asset Servicing

Pete is an Executive Vice President and a member of Northern Trust’s Management Group in Chicago. Pete currently serves as the President of Northern Trust Asset Servicing. 

Northern Trust’s Asset Servicing business unit is a leading provider of asset servicing, investment management, banking and related services to institutional clients worldwide including but not limited to corporate and public pension funds, sovereign wealth funds, supranational organizations, investment management firms, foundations and endowments, healthcare organizations, insurance companies, and other financial institutions. 

An industry veteran, Pete brings over 25 years of experience in working in a global organization and managing extremely large and complex client relationships. 

Pete originally joined Northern Trust in July 2007 as Head of Institutional Product and Strategy.  Prior to joining Northern Trust, Pete served in various executive and lead operational roles at State Street Bank. 

Pete received his M.B.A. degree from Suffolk University in Boston, Massachusetts and his B.A degree in Political Science, Legal Studies and Soviet Studies from Brandeis University in Waltham, Massachusetts.  Pete currently sits on the Board at National Louis University and happily sponsors Urban Initiatives, an organization for children in underserved communities within Chicago. 

Check out Pete’s Face Value blog for his original thoughts on industry trends, personal development and navigating the workplace.


Pete's Insights & Research

Or, make sure to collect the dots before you try to connect them.

Striking the right balance between successful innovation and risk management is crucial to any business.

And everyone has the ability to influence the game.

Leaders are confronted with the pressure to modernize tech infrastructure, but they need to be careful not to chase ‘shiny objects’ without a clear business rationale.

In an age of digital interaction and online meetings, sometimes you can’t beat relationship building the old-fashioned way.

Why a culture of inclusion is a critical underpinning for leadership diversification.

Reflections on the great man and the importance of authenticity.

It’s easy to get skeptical about philanthropic giving, but regardless of one’s time, resource and capacity constraints, every contribution matters.

In the post-pandemic workplace, what does it mean to have pride in the company you work for and a passion for success? Is it essential for a fulfilling career?