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Steven L. Fradkin  

President, Corporate and Institutional Services Northern Trust

Steven L. Fradkin is President of the Corporate & Institutional Business Unit at Northern Trust and serves as a member of the Corporation’s Management Committee. Northern Trust’s C&IS business unit is a leading provider of asset servicing, investment management, banking and related services to institutional clients worldwide including but not limited to: sovereign wealth funds; corporate and public pension funds; investment management firms; insurance companies; foundations; endowments; healthcare organizations; financial institutions; and, other supranational organizations.

Prior to assuming his current role, Mr. Fradkin served as Executive Vice President & Chief Financial Officer of Northern Trust. During his term as CFO, he helped Northern Trust navigate through the collapse of some of the world's largest financial institutions and the dramatic market declines amidst other dislocations.

Mr. Fradkin led Northern Trust’s international business before serving as Chief Financial Officer as Northern Trust developed its business outside the United States. During his tenure, Northern Trust’s international business grew to approximately one third of the Corporation's annual net income while Global Custody Assets increased seven-fold.

Mr. Fradkin joined Northern Trust in 1985 after graduating with a B.A. degree in economics from Washington University in St. Louis. He completed the executive program at Harvard Business School in 1994.

Mr. Fradkin serves on the Board of Trustees of the Museum of Contemporary Art in Chicago. He is a member of the Suzanne's Friends for Life Chapter of the Leukemia Research Foundation, The Chicago Council on Global Affairs, and Washington University's Arts & Sciences National Council and Chicago Regional Cabinet.

He is the founder of CFO Select, an exclusive forum for the exchange of ideas and best practices amongst Chief Financial Officers.

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