Oromia International Bank S.C on Monday announced the appointment of Mr. Teferi Mekonnen Acting President as former President Abie Sano was appointed to lead Commercial Bank of Ethiopia.
OIB’s Board of Directors filed the letter of application to the National Bank of Ethiopia for the approval of this appointment. A graduate of Accounting from Addis Ababa University, Mr. Teferi began his career at the Commercial Bank of Ethiopia 21 years back and later held several management positions in Wegagen Bank and Oromia International Bank. He had been working as the bank’s founding Risk and Compliance Director, Vice President –Corporate Support and recently as a Vice President- Credit and International Banking since 2010 and spent nine years working with OIB. He later obtained a postgraduate degree in Executive MBA from Addis Ababa University.