Skip to main content

Posts

Showing posts from November 6, 2017

ECX Assigns Former Cooperative Bank’s Head as CEO

Addis Fortune 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, 20...