ATEDO PETERSIDE



Biography/Profile/Background

Atedo Peterside (a Commander of the Order of the Niger) is Founder and Chairman of ANAP Business Jets Limited. He is also the Founder of Stanbic IBTC Bank PLC, where he was the Chief Executive Officer (CEO) of the Bank in February 1989 at age 33 (then IBTC) until 2007 and then Chairman from 2007 until September 2014 and later Chairman of Stanbic IBTC Holdings Plc up until March 2017. He is currently a Director of both The Standard Bank of South Africa Limited and Standard Bank Group Limited.  

Mr Peterside is also the Non-Executive Chairman of Cadbury Nigeria Plc and also sits on the Board of Directors of Flour Mills of Nigeria Plc, Nigerian Breweries Plc (Heineken Subsidiary) and Unilever Nigeria Plc. He is also the Founder and President of ANAP Foundation.

He was the Chairman of the Committee on Corporate Governance of Public Companies in Nigeria which crafted the first Code of Best Practices for Public Companies operating in Nigeria. The Code was published in October 2003. 

Between 2011 and May 2015, Mr Peterside was a member of the National Council on Privatisation (NCP) and was also the Chairman of the NCP's Technical Committee, in which capacity he oversaw Nigeria's power sector privatisation programme, which culminated in the privatisation of all the electricity distribution companies in Nigeria and virtually all the generation companies which were previously a part of the Power Holding Company of Nigeria. He was also a member of the National Economic Management Team between 2007 and 2010 and also between 2011 and May 2015. 


In May 2017, He was appointed as the Alternate Private Sector Vice-Chairman of the Nigerian Industrial Policy and Competitiveness Advisory Council. The Council was inaugurated by the Acting President of the Federal Republic of Nigeria on 30 May 2017.