Otunba Femmy Carrena, was born on August, 28th, 1960, just before Nigeria’s independence on the 1st October, same year, 1960. He graduated from Jackson State University in 1988 with a bachelors degree in Economics, and an MBA from the same university in 1989.
In 2011, he obtained an advance diploma from Thames college of technology, UK. He worked as a personal assistant to late M.K.O. Abiola during the Hope 93 election, he went back to the United States in 1994 after Bashorun Abiola was imprisoned. He return to Nigeria in 1996 to contest for the Chairmanship position of the Lagos Island local government election under the Zone party formation in 1996. He was later disqualified in that election”for security reasons’ as was alleged then by the military’s National Electoral Commission (NEC) , haven worked so closely to Bashorun M.K.O. Abiola.

He was engaged by the United Nation High Commission for Refugees, Nigeria, by the country’s Director then. His Excellency,  Dr. Kwame Afriye, as Consultant on media and publicity.  He was later seconded to Amb. Segun Olusola’s African Refugees Foundation, (AREF) specifically on the Liberian Refugees Repatriation, and Thank you Ecomog Soldiers to Nigeria, a project he single handedly designed for Africa Refugees Foundation and the Ministry of Defense and he executed the project before he resigned in 1998.

He became the Special Adviser, marketing to the board of the Nigeria Football Association, and the Chief Executive Officer of the NFA in 2003 till 2005 with late Chief Taiwo Ogunjobi now NFF, from there he became the Special Assistant (youth) to the President Olusegun Obasanjo 2005 2007.

In 2007, he contested the Governorship Election of lagos state and later stepped down and out of the race for personal reasons.

He has been the President/Chief Executive Officer of his company Arabella 21st Century Ltd from 1992 till date.
He jointly with some financial professionals established an investment brokerage company TOTAL SYNERGY SOLUTION LTD, TSS in 2012.

TSS is committed to the Business of providing financial advisory services to entrepreneurs and determined to make history in providing housing for ALL Nigerians on mortgage basis and to make housing affordable for All a reality.

In 2016, he came together with an indigenous architecture company, interstate architect Ltd, to establish New Housing Projects 37/15 Ltd,in an SPV agreement  a pioneer housing  company to work  in collaboration with the Federal Government to provide affordable housing for all Nigerians.