Atedo Nari Atowari Peterside (CON), was born in July 1955 in Port Harcourt, Rivers State to Dr. Michael Clement Atowari, an Ophthalmologist and a retired Controller of Medical Services in the Old Rivers State.
His mother was Patricia Awune Gboloba Bob-Manuel. At the time of her marriage, she was a princess of the royal family of the great Bob-Manuel Compound in Abonnema, Akuku-Toru Local Government Area of Rivers State.
He is a Nigerian entrepreneur, investment banker, renowned economist and the founder of Stanbic IBTC Bank Plc, ANAP Business Jets Limited and the Atedo N. A. Peterside Foundation (ANAP Foundation).
Atedo attended the prestigious King’s College, Lagos where he obtained his Senior School Certificate. Thereafter, he moved to the United Kingdom in 1973 and obtained a Bachelor’s degree in Economics from The City University, London in 1976. A year later, he went on to obtain an M.Sc in Economics from the London School of Economics and Political Science.
His executive education is wide and varied, and includes the Owner/President Management Programme at the Harvard Business School from 1991–1993. He was conferred with an honorary Doctor of Science Degree by the University of Port Harcourt, and was also elected an Honorary Fellow of the Chartered Institute of Stockbrokers in April 2019.
At the age of 33 in 1989, the young Atedo, founded Investment Banking and Trust Company Limited (IBTC).
Following a merger with Chartered Bank Plc and Regent Bank Plc on December 19th, 2005, the bank became known as IBTC Chartered Bank Plc. The bank again merged with Stanbic Bank Nigeria Limited to form Stanbic IBTC Holdings Plc on September 24th, 2007.
He served as the Chief Executive Officer (CEO) of the Bank from February 1989 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.
Peterside also serves as the Non-Executive Chairman of Cadbury Nigeria Plc. He is also a member on the Board of Directors of Flour Mills of Nigeria Plc, Nigerian Breweries Plc (Heineken Subsidiary) and Unilever Nigeria Plc. 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.
He served as an independent director of Presco Plc from April 17th, 2008 to December 31st, 2014. He served as a non-executive director of Lekoil Limited from February 25th, 2013 to June 2014.
He was director of Mobil Oil Nigeria Plc from April 19th, 2006 to December 2006, and served on the board of Presco Plc from December 2005 to December 2006. He served as Director of FSDH Merchant Bank Limited.
Peterside was a member of the National Council on Privatisation (NCP) from 2011 until 2015. He 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, Peterside 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 May 30th, 2017.
He is also the Founder and President of ANAP Foundation, which is a non-profit organization committed to promoting Good Governance. He is a Member of the Committee for the Revitalisation of the Nigerian Economy. He is regular Commentator on the Nigerian economy and the domestic financial system. He is a Fellow of the Chartered Institute of Bankers of Nigeria and is a Member of the Council of the Chartered Institute of Stockbrokers.
Between 2007 and 2011, he was the honorary adviser to the then Governor of Rivers State, Rt. Hon. Chibuike Rotimi Amaechi.
In May 2020 he was named Co-Chairman, longside the Minister of Finance, of the Steering Committee for the new National Development Plan for Nigeria.
On September 9, 2020, the National Steering Committee for Agenda 2050 and the 2021-25 Development Plan was inaugurated by President Muhammadu Buhari.
Peterside, in his capacity as Co-Chairman, made some pertinent opening remarks on the difficulty of getting Nigerians to embrace economic reforms at the televised Inaugural Meeting of the Steering Committee which held on that same day.
On Friday, October 23, 2020, Peterside made a landmark appearance on Arise TV’s Morning Show. His comments in the one hour interview were frank, bold, brutal and very informative. He spoke on a number of issues including the #EndSARS and #EndPoliceBrutality protests which had attained global attention.
In 2010, Peterside was awarded the Commander of the Order of the Niger (CON), one of Nigeria’s top honours.
Chief Atedo Peterside (Arusibidabo of Opobo Kingdom) is married to Mrs. Abiodun Peterside (nee Pearce). They have three children, Tokini, Atowari, and Tariye. Tokini Peterside is the founder of ART X Lagos.