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

Fortune Logo

Central Bank Approves Negusu Gebregziabher as Hibret Bank’s President

Aug 6 , 2025

The National Bank of Ethiopia (NBE) has approved the appointment of Negusu Gebregziabher as president of Hibret Bank, after his recent nomination by the Board of Directors.

Negusu previously served as a senior advisor to the president of the Bank of Abyssinia (BoA). His extensive experience in the banking industry spans over two decades, including senior leadership positions at the state-owned Commercial Bank of Ethiopia (CBE) and a presidency at Lion International Bank (LIB) from 2011 to 2014.

Negusu's latest appointment follows regulators directive to Hibret Bank's newly formed board in June to revise and resubmit its candidate for the chief executive role. An earlier nomination of Tsigereda Tesfaye, who served in an acting capacity since August 2024, following the departure of Melaku Kebede, who led the Bank from January 2020.

Put your comments here

N.B: A submit button will appear once you fill out all the required fields.



Related Posts

Share This Post
Linkedin
Google+


Most read

Latest News

Editor's pick

Commentaries

An Agenda for Tackling the Debt, Development Crises

Following the Fourth International Conference on Financing for Development in June, w...

The Global South Should Claim the Climate Mantle at COP30

Of all the seismic geopolitical shifts in recent years, perhaps the most striking is...

Fineline

Leaders of the National . . .

Leaders of the National Election Board are in a charm offensive mood, of a sort. Last week, they organised a rare tour for members of the me...

When the country’s most. . .

When the country's most senior diplomats and envoys return back to their posts after two-week debriefings, they leave behind a point or two...

Editorial

The Capital Market May Be Too Shallow to Swim In. Beware.

Aug 23 , 2025

Banks have a new obsession. After decades chasing deposits and, more recently, digita...

Capital Market Ambitions Face Credibility Test Over Conflicted Oversight

Aug 16 , 2025

A decade ago, a case in the United States (US) jolted Wall Street. An ambulance opera...

Squeesing Stones for Silver, the State Pulls While Taxpayers May Duck

Aug 9 , 2025

In the 14th Century, the Egyptian scholar Ibn Khaldun drew a neat curve in the sand....

Saplings Should Not Be Rushed Like Election Rallies

Aug 2 , 2025

At daybreak on Thursday last week, July 31, 2025, hundreds of thousands of Ethiop...

Gallery

Parliament Approves New Cabinet Members

Oct 6 , 2021

Parliament Approves New Cabinet, Incorporates Opposition Leaders Lawmakers have approved today the nominations of 22 ministers, including three opposition leaders. Two MPs have voted against, while 12 abstained...

2020 in Posterity

Jan 5 , 2021

TIGRAY VOTES DESPITE "NULL & VOID" THREAT

Sep 9 , 2020

IN-PICTURE: LAUREATE'S RECEPTION  

Dec 14 , 2019

PM Abiy Ahmed (PhD) at a Gala Dinner Called for the Awarding of the Félix Houphouët-Boigny Peace Prize

May 6 , 2019

Faces, Voices of Addis Abeba

Apr 26 , 2019

Sunday With Eden

Kindness That Came Full Circle

Some lives are measured in wealth, others in status, but the richest lives are measured in kindness. My European mentor, more like a father...

When Trust Becomes a Thief's Weapon

In recent months, I've spoken to several contacts who fell victim to a troubling online scam—one that hijacks personal Telegram accounts,...

Life Matters

Birth of African Icons

As I walked through the market in search of a school bag for my children, I noticed something striking: almost every bag, lunchbox, and t-sh...

A Day at the Tax Office

I have reached a conclusion: many people struggle to sit quietly and let public servants do their work. Instead, interruptions occur every...