About three months ago, when the chairman of IBTC Stanbic bank, Atedo Peterside resigned from his position, one that he has occupied since 2007 and wh
About three months ago, when the chairman of IBTC Stanbic bank, Atedo Peterside resigned from his position, one that he has occupied since 2007 and where he also over saw the workings of the bank’s subsidiaries; stock brokerage, investment advisory, pension and trustee businesses, many thought he had embraced a life of retirement literarily, believing he would soon fade into oblivion. But how wrong they were.
Not only does he still remain a part of the parent company board in South Africa, with some indirect oversight functions, the father of modern investment banking, as some like to refer to him, runs ANAP Business Jets Limited, a business venture of private jet operation he founded years ago, specializing in fractional ownership and designed to be financially prudent whilst allowing one retain all the essential benefits of exclusively owning a business jet.
As chairman and majority shareholder, he runs ANAP Jets in conjunction with Eurofly Service S.P.A of Italy who are the minority shareholders and technical partners. With how well he ran IBTC bank for almost three decades, it is little wonder that even in a time of recession; he is still in business and is still the preferred operator by many Nigerian business men, politicians and socialites.
Besides having several jets in its fleet including the Legacy 600, a super mid-size jet, the company isn’t limited to just Nigeria as it operates outside of Africa including Europe, South America and the Middle East.
