Sir Peter is an Independent Director and Audit Committee Chair of Taiwan Semiconductor Manufacturing Co. Ltd and a Non-Executive Director of Imagination Technologies Group Ltd. He is also on the Advisory Board of Longreach LLP in Hong Kong and Senior Adviser to Alix Partners in the UK. Previously, Sir Peter was Founding Chair of NXP Semiconductors NV, a world leader in automotive semi-conductors and Non-Executive Director of Darktrace plc.

His career has included serving as Chair of software group GlobalLogic Inc., based in Silicon Valley. He was on the Board of Mentor Graphics in the US, Ericsson in Sweden, Senior Independent Director of AstraZeneca, Vice President of the British Quality Foundation, Non-Executive Director of Dubai International Capital LLC, Actis Capital LLP, member of the Citigroup International Advisory Board, Adviser to Apax Partners LLP and Senior Adviser to Rothschild, G3 Good Governance Group and the Hampton Group. He is also a former Board member of the UK Department for Constitutional Affairs and the Ministry of Justice. In total, he has been a Board member of 12 publicly listed companies around the world.

Sir Peter was named a Commander of the Order of the British Empire in 1988, and subsequently knighted in 1996. In 1995 he was awarded the Mountbatten Medal for his extended contribution to the promotion of electronics or information technology and their application. Recently, he has been honoured with Dutch Royal Appointment as Commander of the Order of Orange-Nassau.