Investment Holdings Revamps CBE's Boardroom
Brook Taye (PhD), CEO of Ethiopian Investment Holdings (EIH), Ethiopia's sovereign wealth fund, has appointed three individuals to the board of the state-owned Commercial Bank of Ethiopia (CBE), following his board's approval.
Henok Teferra, managing director of Boeing Africa; Mahlet Kassa, a partner at Lidet Abebe Tizazu Law Office, which partners with Italy's BonelliErede; and Henok Assefa, founding manager of Precise Consult and co-founder of the Addis Abeba Angels Network, have been appointed to CBE's board, which is public officials have heavily influenced. They have replaced Ahmed Tusa...