This is a profile image of Peter Noteboom

Peter Noteboom

Senior PartnerSeattle

Guides financial services institutions in designing and executing high-impact strategies to maximize performance, helping firms improve efficiency, growth, and resilience

Peter serves US regional and global financial institutions on a range of strategy, performance transformation, and growth topics. He leads McKinsey’s mid-cap client service, focused on banks with $10-100 billion in assets, and hosts McKinsey’s mid-cap bank CEO and CFO roundtables.

Examples of Peter’s recent work include the following:

  • executing a performance transformation across revenue and cost for a US regional bank, including diagnostic, design, and implementation phases, resulting in a significant efficiency ratio improvement, as well as better client and employee experience
  • leading a business banking and commercial growth program for a US regional bank, with analytics-driven lead generation, a disciplined sales war room, and risk management training program
  • launching an agile marketing war room focused on relationship-deepening with a US regional bank’s customers, targeting doubled penetration
  • developing a five-year enterprise strategy for a US regional bank—including growth plan and portfolio of initiatives across commercial, consumer, wealth, and other business lines—considering industry trends, revenue pools, bank capabilities, and competition
  • designing a custom small business credit model that maximized automated approvals using bank and third-party data

Peter publishes insights on banking trends and is a regular speaker at industry events.

Published work

"Six imperatives for credit unions to secure their future,” McKinsey & Company, June 2024

Extending upmarket in US commercial banking,” McKinsey & Company, July 2022

Firing on all cylinders in North American commercial banking,” McKinsey & Company, February 2020

Productivity transformation for US regional banks,” McKinsey & Company, April 2019

Education

University of Cambridge
MPhil, management

University of London
Msc, economics

Dartmouth College
BA, economics, government