People

Alex Otti

Biography, Age, Wife, Net Worth, Family, Political Career, Foundation, Bank, House & Cars

Alex Otti Basic Information

Stage Name: Alex Otti
Real Name: Alex Chioma Otti
Occupation: Economist, Banker, Investor, Philanthropist, and Politician
Date Of Birth/Age: 18 February 1965 (59 Years Old)
Place of Birth: Abia State, Nigeria
Gender: Male
Nationality: Nigerian
Marital Status: Priscilla Chidinma Otti (Wife)
Education: Ngwa High School
University of Port HarcourtUniversity of LagosStanford Business SchoolWharton Business School (University of Pennsylvania)

Babcock University

University of Nigeria, Nsukka

Height:
Net Worth:

Alex Otti Biography

Alex Chioma Otti is a Nigerian economist, banker, investor, philanthropist, and politician. He is currently the Governor-elect of Abia State, Nigeria, after winning the March 17 gubernatorial elections with the Labour Party. He is from Isiala Ngwa, Abia State, Nigeria.

Otti is a former Group Managing Director of Diamond Bank Plc, a retail financial institution in Nigeria. In 2015, he contested as the gubernatorial candidate of the All Progressives Grand Alliance (APGA) IN Abia State. The Court of Appeal, which sat in Owerri on 31 December 2015, removed Okezie Ikpeazu of the Peoples Democratic Party as governor of Abia State and declared Otti, the winner of the April 11 and April 25 Governorship elections in the state.

The verdict was reversed on February 3, 2016, by the Supreme Court of Nigeria, and Okezie Ikpeazu was reinstated as Governor. Otti is a member of the editorial board of the Nigerian news outlet Thisday and writes a weekly column titled “Outside The Box.”

Alex Otti, Yours Truly, People, March 2, 2024

Family

Alex Otti is a family man.

Parents

Otti was born to the family of the late Pastor and Mrs. Lazarus Weze Otti of Umuru, Umuehim village in Ehi Na Uguru Ancient Kingdom, Isiala Ngwa South LGA in Abia State.

Siblings

There is no available information about Alex Otti’s siblings.

Children

There is no available information about Alex Otti’s children. He has kept them away from the media.

Wife

Alex Otti is married to Priscilla Otti. She is a huge supporter of her husband’s political career. During the 2023 governorship elections campaign, she said her husband would lead from May 29 and empower enterprising women and youths by disbursing interest-free loans to further their businesses. She also said he would move the state from its current state to a productive economy.

Alex Otti, Yours Truly, People, March 2, 2024

Lifestyle

Alex Otti is passionate about growth and service. He is one of the most influential men from the South Eastern part of Nigeria and has made a fortune from his various ventures.

Net Worth

Alex Otti has made a fortune from his work as an economist, banker, investor, and philanthropist. According to several media outlets, he is worth an estimated $500 million. He has not confirmed this estimate.

Cars

Alex Otti does not share photos of his cars on social media. He keeps them private.

House

Alex Otti owns several houses. One is a mansion in his hometown in Umuru, Umuehim in Ehi Na Uguru Ancient Kingdom, Isiala Ngwa South LGA of Abia State.

Alex Otti, Yours Truly, People, March 2, 2024

Political Career

Under the All progressive’s grand alliance (APGA), Alex Otti ran for Governor in Abia State in 2015. He was declared the winner by The Court of Appeal, which sat in Owerri on 31 December 2015 and removed kezie Ikpeazu of the Peoples Democratic Party (PDP) as governor of Abia State. However, the verdict was reversed on February 3, 2016, by the Supreme Court of Nigeria

On May 2022, he withdrew from the APC governorship primary election in Abia state. Punch reported that “he had based his withdrawal on claims that the election outcome had already been predetermined by vested interests.” 72 hours later, Otti formally joined the Labour Party and won the governorship ticket. On December 28, 2022, he vowed to retrieve his stolen mandate. He won the Abia State Gubernatorial Elections in March 2023.

Foundation

The Alex Otti Foundation seeks to provide scholarships to help very bright and hardworking students in all the local governments across Abia State. It is at No 2 Akanu Ibiam Rd, Umu Obasi 440236, Umuahia, Abia State, Nigeria.

Alex Otti, Yours Truly, People, March 2, 2024

Bank

Alex Otti began his banking career in 1989 with the Nigerian International Bank, a subsidiary of Citibank New York, working in the operations department. He later moved to Nigerian Intercontinental Merchant Bank Ltd, then joined Societe Bancaire Nigeria Limited (Merchant Bankers) in 1992. He moved on to the United Bank for Africa (UBA) as the principal manager. He joined First Bank of Nigeria, PLC as assistant general manager in May 2001. He was promoted to deputy general manager in 2004. He moved from First Bank Nigeria PLC to Diamond Bank as group managing director/ chief executive officer in March 2011. His tenure was renewed for an additional three years in March 2014. He took voluntary retirement on October 24, 2014.

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