Mr. Famoriyo graduated in Economics at the University of Ife (now Obafemi Awolowo University), Ile Ife. He is a Fellow of both the Chartered Institute of Management Accountants, UK and the Institute of Chartered Accountants of Nigeria.

Mr. Famoriyo started his professional career with Balogun Ayanfalu Badejo & Co., now BBC Professionals (Chartered Accountants) as a Semi-Senior Audit Clerk in 1980 before opting to venture into banking.

He was at various times Financial Controller in various organizations including: Icon Limited (Merchant Bankers), Industrial Bank Limited (Merchant Bankers) and Shell Petroleum Development Company Ltd (SPDC). He was General Manager/Chief Executive Officer in SPDC West Multipurpose Cooperative Society Ltd. and later Cornerstone Asset Management Limited. He also served as a Director of Bank PHB Plc from 2001-2006 and as Chairman of the Bank’s Audit Committee from 2001 to 2009.

Along with his expertise as a professional accountant and banker, Mr. Famoriyo combines a high degree of innovativeness in the application of computer technology to banking operations and training. He is currently the Managing Director/Chief Executive Officer of MFG Consulting Limited, a financial services consulting outfit.