Peter Allen is a senior executive with over 30 years of experience in the leadership and transformation of Canadian public-sector entities, charitable foundations and private sector aerospace, security, technology, and financial corporations.
Peter has held several board positions for many notable aviation based not for profits as well as held the title of CFO at several aviation based organizations.
Peter had a significant role in the privatization of Canada’s air traffic control and air navigation system. As the founding CFO of Nav Canada, he financed the first full privatization of an air traffic control and navigation system in the world, replacing the air transportation tax with a user fee system and taking over 8,000 land conveyances and facilities across Canada as well as 6,500 employees represented by 10 unions. He financed the acquisition through the largest syndicated bank loan in Canadian history ($3 billion), followed by the largest IPO in Canadian history, pioneering the issuance of revenue bonds in the Canadian capital markets and being awarded the global “Deal of the Year Award’ by the prestigious International Financial Review in London, England.
Peter received the Auditor General of Canada’s award for excellence in annual reporting in 1998, 2000, 2002, 2003 and 2004 and was twice nominated as Canada’s CFO of the year.
He has over 3,000 hours as pilot in command of over 120 different aircraft types, and is a highly experienced air display and aerobatic performer. Peter is an Upper Freeman of the Honourable Company of Air Pilots and a Fellow of the Royal Aeronautical Society in London, England.
Peter is currently Chairman of Orbis Canada and the Global Finance Committee Chairman of the Orbis International Board in New York.