Peter Elam has a diverse work experience spanning different industries and roles. Peter served as the President of the Chartered Institute of Internal Auditors since October 2020. Prior to that, they were the Group Head of Risk Management and Business Assurance at Anglo American plc starting from June 2019. From 2010 to 2018, Peter worked at Novartis as the Head of Internal Audit, overseeing a team of 59 members involved in audits across various risks. Peter also held the position of Finance Director at Shell China Ltd from 2007 to 2010, where they were responsible for the finance function and business development. Before that, they served as the Head of Internal Audit, Downstream Europe at Shell from 2003 to 2007, managing audits across different units. Peter's earlier roles include positions at SHELL Nederland Raffinaderij B.V., NAM BV Assen, Oxford Analytica, SHELL INTERNATIONAL EXPLORATION AND PRODUCTION B.V., and Shell International Ltd, where they held roles such as Refinery Finance Manager, Head of Finance, Business Unit Groningen, Freelance Writer, Business Analyst, and Competitor Analyst.

Peter Elam received their education from various institutions. Peter obtained an MPhil in Russian and East European Studies from the University of Oxford from 1993 to 1995. Prior to that, they studied Politics, Economics, and Sociology at Eötvös Loránd University from 1991 to 1993. Peter also holds an MA in Modern History and Modern Languages from the University of Oxford, which they earned from 1987 to 1991. In addition to their academic degrees, Peter Elam has obtained several certifications throughout their career, including the CIA, QIAL, CMIIA, FCMA, and ACMA.

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