Category
7 articles
LeadershipThe Board of Directors of Ethio Telecom has appointed Mr. Tariku Demissie as Acting Chief Executive Officer of the company, effective October 16, 2026. The appointment was communicated in a letter issued by Ms. Frehiwot Tamiru, Chairperson of the Board of Directors. Ms. Frehiwot previously served as Chief Executive Officer of Ethio Telecom. On October
TELE+3.81%
LeadershipTemesgen Tiruneh will continue as Deputy Prime Minister after the House of Peoples’ Representatives approved Prime Minister Abiy Ahmed’s new Council of Ministers on. The cabinet runs 22 federal ministries, four of them rebranded or reorganised under the new executive structure. The line-up reshapes the government’s economic team. Fitsum Assefa moves to the Ministry of
LeadershipEthiopia’s House of Peoples’ Representatives has re-elected Abiy Ahmed as Prime Minister for a new five-year term, following the ruling Prosperity Party’s decisive victory in the country’s June 1 general election. Abiy was sworn in before lawmakers during the opening of the seventh parliamentary term. The Prosperity Party won 438 of the 501 contested seats
LeadershipEthiopia’s House of Peoples’ Representatives has elected Ahmed Shide, the country’s long-serving Minister of Finance, as its Speaker, according to the information provided. The election took place during the first session of the seventh parliamentary term, following the country’s seventh general election held on June 1, 2026. The ruling Prosperity Party nominated Ahmed for the
Banking & FinanceAmhara Bank has appointed Yihnalem Aknaw as its new Chief Executive Officer (CEO), following approval of his appointment by the National Bank of Ethiopia (NBE). The appointment comes as the bank moves forward with its new strategic plan and organizational structure, with the Board of Directors citing Aknaw’s educational background, extensive banking experience, and demonstrated
Banking & FinanceGlobal Bank Ethiopia has appointed Sahlemichael Mekonnen as Acting Chief Executive Officer, following the removal of former CEO Tesfaye Boru by the National Bank of Ethiopia (NBE). Mekonnen brings more than 21 years of experience in Ethiopia’s banking and financial sector, with a career spanning banking operations, credit, risk management, retail banking, digital banking and
LeadershipAir India has appointed former Ethiopian Airlines Group CEO Tewolde Gebremariam as its new Chief Executive Officer and Managing Director, effective immediately. He succeeds Campbell Wilson, who has led the Tata Group-owned airline since its privatization in 2022. The appointment comes as Air India moves from its initial restructuring phase to a new stage focused
