Peter founded Custom House Ltd, one of the world’s largest nonbank foreign exchange companies, and guided it through more than 17 years of growth until its sale to Western Union in September 2009 for $370 Million USD. At that time, it operated over 75 branches in seven countries, counted in excess of 40,000 corporate customers worldwide and employed approximately 650 people. Under Peter’s leadership, Custom House was named by Deloitte as one of the “50 Best-Managed Companies in Canada” for 7 years in a row, receiving Platinum Club status in 2008 and 2009.
In addition to Peter’s personal philanthropic involvement in organizations within his community, Peter’s past and current Board Membership and Service includes: Chair of the Peter B. Gustavson School of Business “Distinguished Entrepreneur of the Year” Awards Committee; Board of Governors for University of Victoria, Member of the Canadian Chamber of Commerce, President of the Canadian Foreign Exchange Dealers’ Association, and Consultant to the Federal Government on the creation of anti-money laundering and proceeds of crime legislation.