City of Johannesburg, Gauteng, South Africa
Peter is a seasoned banking, finance and insurance executive - with more than two decades experience at Group Executive Committee and Main Board level across Africa and Internationally. He has also served in multiple Chairman and Non-Executive Director roles. In addition Peter has extensive multinational experience in healthcare and radio-pharmacy. He is a driven and courageous leader with a successful track record leading bottom-line profitability of substantial complex corporations, whilst delivering large-scale industry transformation. His banking experience spans Retail, Commercial and Investment Banking, Payments, Life Insurance, Asset Management, Technology and Operations. His healthcare experience covers acute hospitals, diagnostics, radio-pharmacy and the invaluable experience leading a multinational healthcare company through the Covid-19 pandemic. Peter has delivered exceptional results throughout; leading large scale infrastructures with an agile and collaborative style and the proven ability to influence across complex and diverse stakeholder groups. His strategic vision and decision-making capabilities compliment his well-proven business acumen, leading to deep relationships internally, with clients and regulators. He is recognized locally and internationally for his unique problem solving, innovative flair and as an exceptional company culture carrier. He has demonstrated a genuine passion for diversity and inclusion. He has a strong personal leadership brand and has continuously demonstrated a capability to hire, manage, retain and lead high performing, culturally diverse teams, sourced from within and outside the banking, financial and healthcare sectors.
• Reported to the Chief Executive Global Transaction Banking (“GTB”) with responsibility for the day to day operations of the Division. GTB is the world’s largest clearer of Euro transactions and Europe’s largest US Dollar clearer. GTB covers 55 countries, generated revenues of Euro 3.8 billion, IBIT of Euro 1.0 billion and has 14,000 staff. • Regional Business Head with Senior Manager Regime (SMR) responsibility for all of UK and Ireland • Appointed to the Boards of Deutsche Bank UK and Deutsche Bank Luxembourg
• Reported directly to Vice President of Deutsche Bank AG. Executive responsibility for all Technology and Operations for Global Foreign Exchange, Fixed Income, Capital Markets, Corporate Finance, Equities and Transaction Banking. • Responsibility across 70 countries, 23,000 staff, direct and indirect costs of Euro 6 billion. • Designed and led a significant reorganization of the Division, shedding 4,000 roles; building an exceptional international team; driving the digital business agenda, including agile implementation and pervasive cloud adoption. • Sponsored and guided the successful Brexit transformation / relocation programme from London to Frankfurt. • Sponsor of the Bank-wide Junior Network and Co-Chair of the CIB Diversity and Inclusion Steering Committee.
• Reported to the Group Chief Operating Officer, and responsibility for Global Operations supporting Global Markets, Global Foreign Exchange, Fixed Income and Equities. • Executive responsibility for the Group-wide management of client data and global Know Your Customer (“KYC”) remediation program initiated in direct response to regulatory findings in 2015 across multiple locations.
• Reported to the Group Chief Executive; direct and matrix operational responsibility for the Group’s Technology, Operations, Finance, Risk, Human Resources, Governance and Assurance, Real Estate Services, Procurement and Legal Divisions. The portfolio had an operating budget of USD1.6 billion, annual capital expenditure of USD0.6 billion and staff of 25,000. • Prudential responsibility for all operating legal entities outside South Africa (excluding Standard Bank Plc) discharged through the board governance and regulatory structures and acting in a Non-Executive Director capacity or Board Chairman as appropriate in the different jurisdictions. • Appointed to the Board of Standard Bank Plc and Executive Director of Standard Bank of South Africa Limited and Standard Bank Group Limited.
• Reported to the Group Chief Executive with Executive responsibility for Global Personal and Business Banking. During the tenure business grew substantially, generating USD 700 million in annual attributable earnings across 19 countries, 8 million customers, 1,300 branches and 30,000 employees. • Sponsored the digital transformation programme and successful multi-year SAP Core Banking implementation. • Led the Group’s innovative bluebean.com internet-only banking venture and championed the world’s first banking / telco mobile payments joint venture together with MTN. Appointed to MasterCard Worldwide Advisory Board.
• Drove the business growth strategies for South Africa; developing economies in Africa, Latin America and Europe. • Played pivotal leadership role in a successful series of banking acquisitions in Africa and Argentina. • Led the highly successful retail-delivered/life insurance ‘Bancassurance’ joint venture with Liberty Life • Appointed as Chairman Stanbic Africa Holdings, Chairman Standard Bank Offshore Group Limited, non-executive director of Standard Bank Argentina SA, Liberty Life and Liberty Holdings Limited.