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Asset Servicing Expert

Peter B. Cherecwich

President of 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

The importance of data-driven decisions to drive large-scale productivity

"Do Something More with Less" – it's easier said than done! Watch the video to learn ways you can work towards meeting this higher expectation.

How do we make sure we stay relevant and profitable as a business, while doing what is good for our people, our clients and society? Finding the right balance requires a moral compass that looks beyond the P&L.

In his latest video, President of Corporate & Institutional Services, Pete Cherecwich, shares advice that has helped him throughout his personal and business endeavors.