Corporate Governance

 

 

Effective corporate governance practices are essential in achieving and maintaining public trust and confidence in the banking system, which are critical to the proper functioning of the banking sector and the economy as a whole. Effective corporate governance shall be carried out by board of directors as well as by management groups of the company.

The corporate executive group of BOA is structured by a nine-man Board of Directors, with proven truck records in corporate strategic issues elected for three terms by the shareholders during the General Meeting, and top- level Management group (the Chief Executive Officer, Chief Enterprise Services Officer, Chief Customer Service Officer, Chief Operations Officer, Chief Strategy Officer, Chief Information Systems Officer) elected by the board those are responsible for their respective business groups organized under 17 departments.

The total staff strength of the Bank, who is well qualified in their area of occupation, as at June 30, 2017, were 5005.

The list of existing Board of Directors and Top Management of BOA with their telephone number is tabulated below.

 

 

 

Board of Directors
No. Name Position Telephone No.
1 Ato Meseret Taye Chairperson +251 11 552 5632
2 Ato Ali Mohammed Member  
3 Ato Bahiru Mossa Member  
4 Ato Belay Gemechu Member  
5 Ato Berhanu Jijo Member  
6 Ato Biruk Tesfaye Member  
7 Dr. Getachew Teka Member  
8 Ato Solomon Girma Member  
9 Ato Tilaye Tegegne Member  
10 Ato Tewodros Tesfaye Board Secretary  

 

 

Executive Management    
No. Name Position Telephone No.
1 Ato Mulugeta Asmare Chief Executive Officer  +251 11 553 0663 
2 Wro. Meseret Asefa Chief Enterprise Services Officer  +251 11 552 0225 
Ato Abreham Gebeyehu  Chief Customer Officer  +251 11 558 2129 
4 Ato Anteneh Sebsebe  Chief Operations Officer +251 11 558 3059 
5 Ato Desta Bekalu  Chief Strategy Officer  +251 11 552 0225 
6 Ato Daniel Hailu  Chief Information Systems Officer  +251 11 663 3786 
7 Ato Beruk Walelegn   Executive Director-Human Resource  +251 11 558 3350 
8 Ato Kagnew Wolde  Executive Director-Marketing Department  +251 11 554 6730 

 

 

Department Directors/ District Managers    
No. Name Position Telephone No.
1 Ato Yetnayet Awgechew  Risk & Compliance Management  +251 11 554 6857 
2 Ato Eyasu Mekonnen  Internal Audit  +251 11 554 0205 
3 Ato Dula Merera  Legal Services and Loan Recovery  +251 11 859 2842 
Ato Mulugeta Beza  International Banking Operations  +251 11 531 9012
Ato Tesfaye Abebe  Credit Analysis and Appraisal  +251 11 552 1174 
Ato Tefera Tolossa  Core Systems  +251 11 663 3464 
Woy. Fresenayit Tassew   Customer Management and Support  +251 11 558 3667 
Ato Yoseph Tamirat  Business Intelligence and Analytics  +251 11 558 2129 
Ato Desalegn Yizengaw  Finance and Accounting Department  +251 11 551 4156 
10 Ato Kefyalew Shiferaw  E-Banking Operations  +251 11 558 3383 
11  Ato Bantalem Taye  Result Management Office   +251 11 558 1624 
12  Ato H/Mariam Abezo  Engineering Services & Project Management  +251 11 896 5889 
13  Ato H/Mariam Tewolde  Property and Facilities Management  +251 11 558 4868 
14  Ato Fisseha Kassa  Treasury Operations  +251 11 552 6385 
15 Ato Misganaw Habte  Strategy, Planning and Monitoring  +251 11 558 3059 
16  Ato Fantahun Demeke  IS Infrastructure  +251 11 661 1395 
17  Ato Abegaz Yimam  Interest Free Banking  +251 11 826 6224 
18  Ato Birhanu Abera  East Addis Ababa District  +251 11 667 0913 
19  Ato Sultan Yusuf  West Addis Ababa District  +251 11 126 3092 
20  Ato Wale Molla  Bahir Dar District  +251 58 320 9660  
21  Ato Habtom G/Giorgis   Mekelle District  +251 34 241 6546 
22 Ato Esayas Tesfaye  Hawassa District +251 46 212 1710 
23 Ato Tsega Mesfin Procurement +251 11 558 4462

 

 

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Currency Rate Bank of Abyssinia

  Exchange Rate 

  Date Dec. 15, 2018

 

Currency Buying Selling
1 USD

 27.9566

 28.5157
1 EUR

 31.8090

 32.4452
1 GBP  33.7897  34.4655
1 AED    6.8873   7.0250
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