Alex Otti Yet To Declare Abia Guber Ambition—Diamond Bank

Alex Otti Diamond Bank MDtti

Diamond Bank has reacted to speculations that its Group Managing Director/CEO, Alex Otti, has declared his intention to contest the Abia State governorship election in 2015 under the platform of the Peoples’ Democratic Party, PDP.

In a statement made available to Aproko247 by the Bank’s Corporate Communications, Diamond Bank maintained that the several media reports linking Otti with the purported declaration are untrue.

“Dr Alex Otti has not declared his candidacy for the 2015 gubernatorial elections nor any elective post for that matter. He is, however, not unaware of the media speculation around his possible candidature, a situation he has preferred to ignore in order to concentrate on his principal responsibility of managing the day to day operations of Diamond Bank, and in particular ensuring the success of the ongoing rights issue to raise additional capital,” the Bank said.

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“The recent speculations are not unconnected with the pressure that has been brought to bear on Dr Alex Otti by stakeholder groups in Abia State and beyond, urging him to contest for governorship of the state. This is understandably due to his hardwork, integrity managerial ingenuity and track record of performance in the corporate world. The achievements of Diamond Bank Plc in the past three years are testament to his commitment to excellence and competence in managing men and resources towards superior results,” the statement added.

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Continuing, Diamond Bank declared that, “As a law abiding citizen, Dr Otti is also mindful of the electoral laws of the land and knows it is premature, if not illegal to at this stage, take actions that are in breach of provisions of the electoral act.”

The Bank concluded that, “If in the future, Dr Alex Otti decides to run for the governorship seat of Abia State, which becomes vacant in 2015, this will be made public, and communicated to all stakeholders of the bank.”

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Otti is one of the finest brains in the banking sector.

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