November 06, 2017
Wondimagegnehu Negera, the newly
elected CEO of ECX, former president of Cooperative Bank of Oromia.
The Ethiopian Commodities Exchange
(ECX) gets its thrid Chief Executive Officer (CEO) since its founadation in
2008. Wondimagegnehu Negera, former president of the Cooperative Bank of
Oromia (CBO), has been appointed today by the Board of Directors of the ECX as
a new chief, replacing Ermias Eshetu.
Ermias had served the Exchange
for two and half years before he resigned two months ago, citing
personal reasons. Belay Gorfu has been filling in as Acting
CEO during the transition.
Wondimagegnehu, who has over two
decades of experience in the banking industry, has been working as head of
the Oromia Regional Trade & Market Development Bureau for
the past one year. He had served the CBO for four years as president
until he was dismissed by the central bank on September, 2015. He was blamed
for mishandling foreign currency transactions, an allegation put on along with
his deputies and the then board chairman of the Bank.
*****
PUBLISHED ON NOV 06,2017
[ VOL 18 ,NO 915]
No comments:
Post a Comment
Join the conversation