Ex-CBE Executive Takes Helm at Bunna Bank




Regulators at the National Bank of Ethiopia (NBE) have approved the appointment of Mulugeta Alemayehu, former vice president of the state owned Commercial Bank of Ethiopia (CBE) as the new President of Bunna Bank, as of September 12, 2018.

He is the fourth president of Bunna since its inception in 2008, following in the footsteps of Tadesse Chinkel, Eshetu Fantaye and Negede Abebe.

Mulugeta replaced Tadesse, who had been running Bunna as president since 2017. Bunna will retain Tadesse as an advisor to the new President.

Mulugeta has a Master’s of Business Administration and 19 years of experience in the banking industry. He earned his first degree in accounting and finance. Mulugeta was a Chief of Businesses at CBE before he moved to Bunna. He also used to work as the Chief Risk & Compliance Management Officer at the giant state bank.

 



Published on Sep 17,2018 [ Vol 19 ,No 960]


SHARE :
               


Editorial

With a reformist administration in charge of the executive, there has b...


Agenda

The new electricity tariffs that became effective on December 1, 2018,...


Fineline

Who it is that midwifed the rapprochement between E...


Commentary

Ethiopia’s economy is at a crossroads. The same old advice will not s...


Viewpoint

A recent photo between Prime Minister Abiy Ahmed (PhD) and George Soros...


Opinion

The future is bleak. Millennials and younger generations who will inher...


View From Arada

There is heated debate on the propriety, decency and morality of breast...




Business Indicators




ADVERTISEMENT



Editors Pick















//