Oromia International Bank S.C held a day longannual management performance review meeting on August 7 2021 at Elilly International Hotel.
OIB’s Board of Directors members, Senior management, Directors and Division Managers from the Head Office, District Managers and
Branch Managers convened to evaluate the 2020/21 Financial Year work performance against the plan and discussed the achievements and challenges seen in the year.
The meeting was opened by the blessings of elders thanking God for His protection and guidance along the way and praying for peaceful and successful deliberation of the meeting and for the year ahead, too.
The Board of Directors Chairperson Gemechu Waktola (Dr.) and Bank’s President Obbo Teferi Mekonnen delivered key note address emphasizing that a well-defined transformation should be in place to put OIB on the position it deserves in the industry. Dr. Gemechu boldly underlined that OIB never deserve less than transformation.
Vice President, Strategy and Change Management Obbo Jote Kenate highlighted global and domestic economic environment, the Ethiopian Banking industry trend, the competition in the industry and other related issues while presenting the year corporate performance report. He noted that the current global and local financial situation has a direct pressure on the day to day business particularly on the banking industry.
ObboWoldeBulto, Vice President- Branch Banking also presented districts’ and branches’ performance against the plan pinpointing the key performance indicators.
In his presentation, Wolde stressed that we should vigorously work on market share through deposit mobilization, foreign currency generation, branch network, customer base expansion and profit.