Atedo Peterside

Atedo Peterside (CON) (born 1955) is a Nigerian banker, entrepreneur and the founder of Stanbic IBTC Bank Plc.[1][2][3]

Education

Peterside had his basic education at the King's College Lagos. He then proceeded to The City University, London (1973-1976) where he obtained a B.Sc. degree in Economics. He furthered by bagging an M.Sc. (also in Economics) from London School of Economics and Political Science in 1977. He also partook in the Owner/President Management Program at the Harvard Business School from 1991-1993 and was conferred an honorary Doctor of Science Degree by the University of Port Harcourt, Nigeria.[4][5]

Career

Peterside founded the Investment Banking and Trust Company Limited (IBTC) in February, 1989 and served as the bank's CEO till 2007. Following an order by the Central Bank of Nigeria in 2005, all commercial banks had to have a N25 billion minimum capital base. This CBN order led to the merger of Investment Banking and Trust Company (IBTC) with Chartered Bank Plc and Regent Bank Plc on 19 December 2005 to form IBTC Chartered Bank Plc. On 24 September 2007, IBTC Chartered Bank Plc merged with Stanbic Bank Nigeria Limited to form Stanbic IBTC Holdings Plc, and he was elected chairman of Stanbic IBTC Bank Plc in 2007.[6] He was Group Chairman of Stanbic IBTC Holdings Plc from August 2012, and having overseen a number of regulatory matters through to completion, he announced his resignation on 21 March 2017 with effect from 31 March 2017.[7] He is currently the Chairman of ANAP Business Jets Limited which he founded in January 2015 and sits on the boards of both The Standard Bank of South Africa Limited and Standard Bank Group Limited. He was a member of the National Economic Management Team (2007–2015), and member of the National Council on Privatization (2010–2015). Peterside is the Non-Executive Chairman of Cadbury Nigeria Plc since 2010, and also sits on the Board of Directors of Flour Mills of Nigeria, Nigerian Breweries and Unilever Nigeria.

Philanthropic work

Peterside is the founder and president of Atedo N.A. Peterside (ANAP) Foundation.

Personal life

He is married to Mrs. Abiodun Peterside and they have three children. He lists his hobbies as boating, polo, reading and traveling. [4]

References

  1. ↑ "Atedo Peterside Chairman, Cadbury Nigeria PLC". Bloomberg. Bloomberg. Retrieved 2 September 2017.
  2. ↑ "Segun Kolawole profiles Atedo Peterside: He's an exemplary Nigerian citizen (Y!/YNaija.com Person of the Year 2014 Nominee) » YNaija". YNaija. 31 December 2014. Retrieved 19 September 2017.
  3. ↑ "Atedo Nari Atowari Peterside - Biography". www.4-traders.com. Retrieved 19 September 2017.
  4. 1 2 "More Information". ATEDO PETERSIDE. Retrieved 2 September 2017.
  5. ↑ "Atedo N A Peterside". LinkedIn. Retrieved 2 September 2017.
  6. ↑ "Three banks form IBTC Chartered Group". Three banks form IBTC Chartered Group. Retrieved 2017-08-29.
  7. ↑ Wale, Odunsi (March 21, 2017). "Why I resigned as Stanbic IBTC Chairman – Atedo Peterside". DailyPost. Retrieved 2 September 2017.
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