Femi Pedro - Business Career

Business Career

He commenced his banking career in 1982 when he joined the country’s apex bank, the Central Bank of Nigeria (CBN). Femi Pedro rose to the post of assistant manager in 1985 and became a research economist the following year. The same year (1986), he was admitted as an associate of the prestigious Chartered Institute of Bankers, London, United Kingdom having successfully completed the professional bankers’ examinations. First City Merchant Bank Ltd (now First City Monument Bank ltd) became his next port of call by 1988, where he rose to become the Executive Assistant to the bank’s Chairman and Chief Executive Officer (CEO) and later Deputy Manager and Head of Corporate planning within a period of one year.

Femi Pedro became one of the first set of investors in Guaranty Trust Bank and later took up the role of a Senior Manager at its inception in 1990, where he subsequently rose to the position of Assistant General Manager in 1993. He served in various capacities at the bank until 1997, when he voluntarily retired. On the eve of his retirement, he was admitted to the fellowship of Chartered institute of Bankers of Nigeria (CIBN).

In January 1998, Pedro ventured into private business as Managing Director and Chief Executive Officer (CEO) of Agro-Corp Ventures, a commodity processing company. The same year (Nov 1998), he was appointed Managing Director and Chief Executive Officer (CEO) of Comet Merchant Bank (now FinBank), following the acquisition of the bank by a consortium of investors including himself. He served as Managing Director and Part-Owner of FinBank from 1998 to 2003. He was also the Chairman of the First Atlantic Online Limited from 2002 to 2003.

He is currently a director in various business ventures.

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