A court of appeal has ordered the swearing-in of the immediate past Managing Director of Diamond Bank, Alex Otti, as governor of Abia State. This followed a ruling on Thursday, December 31, 2015, in favour of the former banker turned politician. Otti contested the governorship election in Abia State in April 2015, but his opponent,…
Our attention has been drawn to an Open Letter Advertorial signed by one Hon. Osita Igbe, Director of Media and Publicity, Okezuo Abia Campaign Organisation, addressed to the Chairman/Managing Director of Diamond Bank Plc, entitled “Reckless Conduct of Alex Otti”. The advertorial which was published on page 17 of Vanguard and page 37 of The…
Diamond Bank has reacted to allegations made by an online news blog, The Paradigm, that former GMD/CEO of Diamond Bank, Alex Otti, converted a branch of the reputable bank in Abia State as his political campaign office, and also used customers’ money to fund his campaign. In a press statement issued by the Diamond Bank…
A new Group Managing Director has been appointed for Diamond Bank, Aproko247 has learnt. In a statement made available to us on Friday, it was revealed that Uzoma Dozie will replace Alex Otti, who voluntarily retired as Diamond Bank GMD/CEO. According to the statement signed by Bank’s Corporate Communications Department, Chairman of the Board of…
Inaugural Diamond Bank’s Eurobond issuance exercise, with the printing of $200mn worth of bonds with a maturity of five years, has received warm and worldwide acceptance from investors. The exercise, which was recently concluded, resulted into many stakeholders embracing the Diamond Bank brand, which is respected and known for spurning innovative ideas. Commenting on…