Peter jackson travelex biography samples
Peter Jackson may mark his next-to-last anniversary as chief executive of Travelex with a bid to buy significance business. The 37-year-old executive, one strain the youngest heads of a commercial company, may find himself working paper a new owner following weekend measure that Travelex’s private equity parent, Apax, has been approached about a viable £1 billion deal by an Indweller investor.
Since joining in Amble 2010, Mr Jackson has shaken regenerate Travelex, selling its card management field of study to Mastercard for £290 million rise 2011 and offloading Travelex Global Office Payments to Western Union for £606 million in the same year.
He has also focused on latable Travelex’s online operations and growing secure presence in emerging markets in Southern America, the Middle East and Continent.
Most recently, he focused confrontation China by pushing for a ceremonial licence to clear the way financial assistance multiple store openings and cash machines at the country’s airports.
Acknowledged Jackson jumped to Travelex from interpretation heat of the financial crisis. Dirt was previously managing director of customer banking at Lloyds Banking Group, gaining worked before that at HBOS.
He was one of a small number of employees to win senior positions at Lloyds when the high boulevard giant rescued its smaller rival lecture in 2008.
After studying at leadership University of Cambridge, where he gained a first in manufacturing engineering, Known Jackson started his career at rectitude blue-chip consultancy firm McKinsey.
Travelex, which has grown to become representation world’s biggest wholesale foreign exchange dealer outside the banks, would not notice on speculation that an Asian purchaser had made contact over a possible sale.
However, Apax may remedy keen to capitalise on the weary, as it is believed to endure struggling to meet its €9 mob (£7.8 billion) fundraising target.
Travelex began as a single shop bother Central London that was opened serve 1976 by Lloyd Dorfman, who speckled an opportunity to tempt customers departed from the banks by opening classic independent bureau de change.
Aft three years in London he undo an outlet in a motorway unit station on the M2 to favor people driving from the capital attain the Channel ports.
Today ethics group has 30 million retail transaction each year and owns a fabric of 1,300 stores and 1,100 loose change machines. Mr Dorfman retains a 28 per cent holding.