Alex Otti is a graduate of economics from the University of Port Harcourt with a First Class Honours Degree in 1988. He subsequently received an MBA from the University of Lagos in 1994. At the University of Port Harcourt, he was the best graduating student in the Department of Economics and won the subject prize.
He was also the best graduating student in the Faculty of Social Sciences and won the Dean’s Prize, as well as the overall Best Graduating Student for the Year and Valedictorian. He started his banking career with Nigeria International Bank Limited, a subsidiary of Citibank N.Y. in 1989 where he worked in the Operations Department. He subsequently moved on to Nigerian Intercontinental Merchant Bank Ltd (later Intercontinental Bank Plc and now Access bank).
At Intercontinental, he was at various times in the Treasury and Financial Services and Corporate Banking Divisions. In 1992, he joined the then Societe Bancaire Nigeria Ltd (Merchant Bankers), a subsidiary of Banque SBA Paris. He left as Senior Manager in 1996. Towards the end of 1996, he moved to United Bank for Africa Plc as Principal Manager, heading Corporate Banking Sector, South. His major responsibility was the development of the Oil and Gas businesses for the Bank. In the year 2000, he was promoted Assistant General Manager.
In May 2001, he joined First Bank of Nigeria Plc as an Assistant General Manager with responsibility for Energy Group. In April 2004, he was promoted Deputy General Manager. In September 2005, Alex Otti was appointed Executive Director in First Bank Nigeria Plc. As Executive Director, he started as Head of Commercial Banking and subsequently, Head of the Regional Businesses in the South-Southern and South-Eastern Geo-Political Zones comprising over 180 branches.