FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers New TRADE AFRICA New

Fortune Logo


Central Bank Approves Neway Beyene as Dashen Bank Chairperson

Central Bank Approves Neway Beyene as Dashen Bank Chairperson

Regulators at the central bank have approved Neway Beyene's re-election as the board chairperson of Dashen Bank, late last month.
Neway was first elected as the board chairperson during the Bank's 23rd ordinary shareholders assembly held at the Sheraton Addis in November 2017, replacing Teka Asfaw, who had served the Bank as board chairperson for three years. The Board of Directors re-elected Neway during the Bank's 27th ordinary annual shareholders assembly held on December 24, 2020, at Mechare Meda in the Sarbet neighborhood. Four existing and five new board directors were elected during the same session as well.
Neway, married and a father of four, obtained his BSc degree from Addis Abeba University in electrical engineering in 1984 and received his postgraduate studies in business leadership at the University of South Africa, in 2013. He started his career in 1984 as a trainee field engineer at NCR Ethiopia and served as office manager for Microsoft Ethiopia, for three years.
He is currently a general manager of Afcor Plc, an IBM business partner in Ethiopia.

Radar

Dashen Bank Rolls Out Mobile Payment Solution

Dashen Bank has introduced a new digital payment service that allows customers to pay for fuel with ease using the Dashen Super mobile app. The service was officially launched on May 13 and is now available at every fuel stations. According to the bank, the Dashen Super app enables users to make payments in just three clicks, offering a fast and convenient alternative to traditional payment methods. Dashen Bank announced that it plans to expand the service across all fuel stations in the coun...

Read more >>

Radar

Four Key Agreements Passed in Parliaments 29th Regular Session

In its 29th regular session of the fourth year, Ethiopia's 6th Parliament approved four key agreements: two loan deals, the establishment of a finance corporation, and an air transport agreement. Assistant Minister of State for Finance, Meseret Haile, introduced the proposed loan agreements and requested they be sent directly to a second reading for discussion and approval. Parliament accepted the request and proceeded with a detailed discussion on the draft proclamations. Members of Parli...

Read more >>

Radar

New Pact Targets Rural Road Links, Food Security Goals

The Ministry of Urban Development and Infrastructure has signed an agreement with several federal institutions to launch a major project targeting rural connectivity and food security. At the signing ceremony, State Minister Yetmegeta Asrat represented the Ministry alongside officials from the Federal Ethics and Anti-Corruption Commission, the Federal Public Procurement and Property Authority, the Environmental Protection Authority, and Helvetas Ethiopia. A separate agreement was also signed...

Read more >>