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Otunba Olufemi Olusegun Pedro

Otunba Olufemi Olusegun Pedro

Ambassador of Nigeria to Australia

All Progressives Congress Lagos State

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Biography & Profile

Bio Summary

Otunba Femi Pedro is a seasoned economist, veteran banker, and diplomat who served as the Deputy Governor of Lagos State (2003–2007). A founding member of GTBank and a pioneer of digital banking in Nigeria, Pedro is recognized for his "Pedronomics" approach to fiscal policy. In 2026, he was appointed by President Bola Tinubu as the Ambassador to Australia and the Oceanic States, tasked with driving economic diplomacy and strengthening trade relations between Nigeria and the Asia-Pacific region.

Education

  1. Bachelor of Science (Economics): University of Wisconsin–Superior, USA (1976–1978).
  2. Master of Science (Economics): Wichita State University, USA (1979–1981).
  3. Professional Certification: Associate of the Chartered Institute of Bankers (ACIB), London (1986).
  4. Honorary Doctorate: PhD (Honoris Causa) in Business, Banking, and Economic Development, Lagos State University (2025).

Professional Background

  1. Central Bank of Nigeria (CBN): Began career in 1982, rising to Assistant Manager and Research Economist (1982–1988).
  2. Guaranty Trust Bank (GTBank): Founding member and one of the original seed investors (1990).
  3. First Atlantic Bank: Managing Director and Chief Executive Officer. Credited with pioneering Nigeria’s first mobile and internet banking platform in 1999.
  4. Public Sector Management: Chairman, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), 2018–2022.