ITL MD celebrates 25-year anniversary

ITL managing director Peter Dunlop

Innovative Technology’s (ITL) group managing director, Peter Dunlop, is celebrating a quarter of a century at the company this month.

From university placement to heading up this successful international company, Mr Dunlop and his management team have developed, transformed, and established ITL as one of the leading cash handling and validation businesses with offices worldwide and several hundred employees.

Commenting on his time at ITL, Mr Dunlop said: “I feel honoured to head-up ITL and see how the company has progressed over the past 25 years. Our ethos is technology-driven, and we proudly offer our customers the most advanced cash validation, recycling and more recently, biometrics solutions in the industry. The industry is constantly changing and adapting to customers’ needs and expectations and I look forward to continuing my role and being part of its exciting future.”

Mr Dunlop first joined the company on a university placement year in 1995 and was assigned to work on a project to develop a new electronic chip for use in banknote validators. He impressed everyone to such an extent that he was invited back to join ITL as a permanent employee after he graduated from the University of Manchester in 1996. He began in the development team in Royton, UK which gradually grew over the years, and climbed his way up the ladder, eventually becoming development manager responsible for a team of mechanical, electronic and software engineers and new product development. He then progressed to the more strategic position of group technical director, before finally being promoted to group managing director in 2017.

Mr Dunlop oversees the company’s strategic direction and the day-to-day management of the group and has been key to ITL’s success and growth due to his leadership ability and focus on technology-driven products and services.

He is rarely away from the UK head office in Oldham but when he does take some time out, he can be found unwinding on his boat that is moored at Pwllheli in North Wales. Peter’s boat isn’t just for relaxation purposes, he and its crew compete in a number of races on the high seas and have successfully won a number of times.

ITL chairman, David Bellis MBE, said: “Peter’s expertise, commitment and knowledge is an integral part of our success. He is an absolute pleasure to work with and it has been an honour to witness how he has developed both himself as an individual and the company over the past 25 years. He is one of my longest standing employees, an incredibly competent and capable engineer, manager and leader and I look forward to seeing where he will take the company in the coming years.”