Alex Otti Biography – All You May Want To Know About Alex Otti
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Meet His Excellence Alex Otti, the current elected governor of Nigeria’s Abia State. He was fortunate to prevail as a Labour Party member in the general election for governor in 2023.
Alex Otti Biography
Alex Otti is a resident of Isiala-Ngwa in Abia State and is Nigerian. He is 58 years old and was born on February 18, 1965. Otti studied at the University of Lagos and has over 27 years of banking experience. From 2011 to 2016, he was the managing director and CEO of Diamond Bank.
Otti has a background in banking, but he has also been active in politics and once held the position of Abia State’s governor-elect. He is well-known in Nigeria due to his involvement in politics and contributions to the banking sector.
Alex Otti was born in Umuru, Umuehim village in Ehi Na Uguru Ancient Kingdom, Isiala Ngwa South LGA of Abia State, Nigeria.
Parents | Father | Mother
Alex Otti was born on February 18, 1965, in a small village called Umuru in Abia State, Nigeria. His parents were Mr and Mrs Lazarus Weze Otti. Alex’s late. father was a pastor.
Education | Qualifications
Alex Otti completed his secondary education at Okpuala Ngwa Secondary Technical School and Ngwa High School in Aba, both in Abia. He received the top score in his group during the school certificate exams. He continued his education at the University of Port Harcourt, earning a First-Class honours degree in economics in 1988.
Later, in 1994, he received an MBA from the University of Lagos. The Executive Development Programs of the Columbia Business, Stanford Business, and Wharton Business Schools were among his numerous international courses (University of Pennsylvania).
He also completed an executive program at INSEAD in France’s Fontainebleau. Otti received several honorary doctorate degrees in recognition of his accomplishments, including ones from Babcock University in 2009, the University of Port Harcourt in 2012, and the University of Nigeria, Nsukka in 2013.
Career
At Nigerian International Bank, which Citibank New York owns, Otti began his career in banking in 1989. Later, he relocated to Nigerian Intercontinental Merchant Bank, where he worked in the corporate banking and treasury and financial services divisions.
Later, he worked for Societe Bancaire Nigeria Limited (Merchant Bankers), where he advanced to the senior manager level. After that, he worked for United Bank for Africa (UBA), where he was responsible for managing the South Division’s corporate banking division.
He joined First Bank of Nigeria, PLC in May 2001, and his sole duty is to help the bank expand its Energy Sector. Later, he was elevated to executive director of commercial banking and then executive director of the south. He was in charge of more than 140 branches in the nation’s South-South and Southeastern geopolitical zones.
He assumed the dual roles of group managing director and CEO of Diamond Bank in March 2011 and oversaw a significant institution transformation.
He extended his contract in March 2014 for three years, but on October 24, 2014, he voluntarily announced his retirement. Uzoma Dozie was then appointed as the new GMD and CEO of the Bank in his place.
Alex Otti is a Nigerian economist, banker, investor, philanthropist, and politician. 2015 saw Otti run as an All-Progressives Grand Alliance (APGA) candidate for Nigeria’s Abia State governor.
Otti served as the Group Managing Director of Diamond Bank Plc, a Nigerian retail financial institution, before entering politics. He also contributes to the editorial board of ThisDay newspaper and writes for it.
Every other Monday, he publishes a column called “Outside the Box.” Otti ran for governor of Abia State in the elections on April 18.
The Court of Appeal in Owerri declared him the election’s victor. Still, the Supreme Court of Nigeria overturned the decision and confirmed Okezie Ikpeazu of the People’s Democratic Party as the governor of Abia State.
Political Career
He put his All-Progressives Grand Alliance (APGA) campaign to the test in 2015 when he ran for governor of Nigeria’s Abia State. He ran in 2023 on the Labour Party (LP) platform, and he prevailed. The Labour Party candidate Otti won the Abia State governorship election.
He triumphed over the People’s Democratic Party’s Okey Ahiwe, his main rival. After tensely compiling the results, the Independent National Electoral Commission declared Otti the victor.
Professor Nnenna Oti, the returning officer, reported that Ahiwe received 88,529 votes while Alex Otti received 175 467.
Children | Wife | Family
Alex Otti has three children and is married to Priscilla Otti.
Net Worth
He serves on the editorial board of one of Nigeria’s most prestigious newspapers. Otti transferred to the Nigerian Intercontinental Merchant Bank Ltd. at the time. His estimated net worth is $5 million, per the information.
