Alex Otti Net Worth (Updated 2023)

Alex Otti Net Worth – What is Alex Otti net worth? According to us, Alex Otti’s net worth is available at the moment.

Mr Alex Otti, the freshly elected governor of Nigeria’s Abia State. He was elected to the gubernatorial general election in 2023 as a member of the Labour Party. Alex Otti is a Nigerian with a wide range of skills and jobs.

Alex Otti’s career in the finance industry included high positions at well-known financial firms. Later, he entered politics and was successful, winning the governorship election in Abia State in 2023.

Introduction

Alex Otti is a banker, an economist, an investor, a philanthropist, and a politician. Otti stood for governor of Abia State under the All Progressives Grand Alliance (APGA) party in 2015. Otti previously worked as the Group Managing Director of Diamond Bank Plc, a well-known Nigerian bank.

He also writes for and serves on the editorial board of ThisDay newspaper. Every other Monday, he publishes his thoughts and ideas in the column “Outside the Box.”

Alex Otti Net Worth

Let’s have a look at Alex Otti net worth and biography below.

Alex Otti’s Biography and Net Worth

Alex Otti who was born on 18 February 1965, is the son of the late Pastor and Mrs. Lazarus Weze Otti, the Labour Party’s candidate for Governor of Abia State.

He is a native of Umuru, Umuehim village in the Ehi Na Uguru Ancient Kingdom, Isiala Ngwa South LGA, Abia State, Eastern Nigeria.

Otti attended Okpuala Ngwa Technical School and Ngwa High School in Aba, where he received his West Africa Examination Council (WAEC) diploma. Otti was the top student in his high school graduating class.

He then changed schools and started studying for his undergraduate degree at the University of Port Harcourt. Alex Otti graduated with a First Class in Economics in 1988.

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In 1994, he graduated with a master’s degree from the University of Lagos. Otti also attended a variety of famous universities’ Executive Development Programs at Columbia Business School, Stanford Business School, and Wharton Business School, among other international courses.

Alex Otti was awarded an honorary doctorate by Babcock University, University of Port Harcourt, and University of Nigeria Nssuka, in recognition of his outstanding achievements and success throughout the years.

Alex Otti’s Career

Alex Otti began his banking career in 1989 at Nigerian International Bank, a subsidiary of Citibank New York. He later worked in the treasury, financial services, and corporate banking divisions of Nigerian Intercontinental Merchant Bank in various roles.

Senior Management Positions

Otti later worked at Societe Bancaire Nigeria Limited (Merchant Bankers) and progressed to the level of a senior manager. He later joined United Bank for Africa (UBA) and headed the South Division’s corporate banking business.

First Bank of Nigeria

Otti joined First Bank of Nigeria, PLC in May 2001, to expand the bank’s Energy Sector. Later, he was elevated to executive director roles such as executive director of commercial banking and executive director of the South Directorate, where he oversaw several branches.

Diamond Bank’s Management

Otti was appointed group managing director/chief executive officer of Diamond Bank in March 2011. During his tenure, he oversaw a dramatic restructuring of the bank.

He was re-appointed in 2014 but voluntarily retired on October 24 of that year. Uzoma Dozie took over as the new GMD and CEO of the bank.

Political Career

Alex Otti stood for governor of Abia State, Nigeria, in 2015 as a member of the All-Progressives Grand Alliance (APGA). In the 2023 elections, he ran as a candidate for the Labour Party (LP) and won.

Victory in the Governorship

Alex Otti, representing the Labour Party, was elected governor of Abia State. He defeated his main opponent, Okey Ahiwe of the People’s Democratic Party.

Otti was proclaimed the winner by the Independent National Electoral Commission with 175,467 votes, while Ahiwe received 88,529 votes.

Alex Otti’s Net Worth

Alex Otti also has investments and commercial ventures that add to his overall financial worth. It’s worth noting the diverse values provided by various sources, which adds a twist to the true sum of his net worth.

However, his original net worth is not available at the moment are we are not permitted to give a random figure on cos because we don’t have an accurate estimated net worth.

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