Alex Otti is a Nigerian economist, banker, investor, philanthropist and politician. Otti is currently the Governor-elect of Abia State in Nigeria. He was a former Group Managing Director of Diamond Bank Plc, a retail financial institution in Nigeria.
Alex Otti is from Isiala-ngwa. He is also the Abia state governor-elect following the February 18, 2023 elections.
Who is Alex Otti?
Alex Otti is a Nigerian economist, banker, investor, philanthropist and politician. On February 3, 2016, the Supreme Court of Nigeria reversed the verdict of the Court of Appeal and affirmed the election of Ikpeazu as Governor.
Full name: Alex Otti
Date of birth: 18 February 1965
Place of birth: Abia State
State of origin: Abia State
Education: University of Lagos
Net worth: Undisclosed
Political party: Labour Party
Previous office: Former MD and CEO, Diamond Bank
Spouse: Priscilla Otti
Parents: late Pastor and Mrs. Lazarus Weze Otti
Children: Update soon
Occupation: Banker, Politician
Social media: Twitter@alexotti
Otti began his banking career in 1989 with the Nigerian International Bank, a subsidiary of Citibank New York, where he worked in the operations department. Thereafter he moved to the then-Nigerian Intercontinental Merchant Bank Ltd.
While at Intercontinental Bank, he worked both in the treasury and financial services unit as well as the corporate banking division. In 1992, he joined Societe Bancaire Nigeria Limited (Merchant Bankers), a subsidiary of Banque SBA Paris where he rose to the position of a senior manager.
He moved on to the United Bank for Africa (UBA) as the principal manager overseeing the bank’s corporate banking sector for the entire South Division with the responsibility of growing the oil and gas business for the bank. In May 2001, he joined First Bank of Nigeria, PLC as assistant general manager in May 2001 with the sole responsibility of growing the Energy Sector for the bank.
In April 2004, he was promoted to the position of deputy general manager, and a year later was appointed executive director, commercial banking. This was followed by a re-designation as the executive director south directorate, where he was responsible for over 140 branches in both the South-South and South Eastern geopolitical zones of the country.
In March 2011, he moved from First Bank Nigeria PLC to Diamond Bank as group managing director/ chief executive officer and has led the bank through a major transformation. Upon expiration of his first tenure, Diamond Bank renewed his tenure in March 2014 to an additional three years.
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