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 16 departments.

 

The total staff strength of the Bank, who is well qualified in their area of occupation, as at Sep.  30, 2016, were 4,235.

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

 

Member of the Board of Directors

A.  Board of Directors

No.

Name

Position

Tel. No.

1.

 Ato Meseret Taye

Chairperson

 011-552-56-32

2.

 Ato Andualem Demissachew

 Member

 

3.

 Ato Bahiru Mossa

 Member

 

4.

 Ato Belay Gemechu

Member

 

5.

 Ato Berhnau 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

B.  Executive Management

No.

Name

Position

Tel.

1.

Ato  Mulugeta Asmare

Chief Executive Officer 251-11-553 06 63

2.

Ato Demissew Abebe

Chief Enterprise Services Officer

251- 11-552 02 25

3.

Ato Abreham Gebeyehu

A/Chief Customer Officer 251-11-558 21 29

4.

 Ato Anteneh Sebsebe

Chief Operations Officer

251-11-558 30 59

5.

Ato Desta Bekalu

Chief Strategy Officer

251-11-552 02 25

6.

Ato Yosef Kibret

Chief Information Systems Officer

251-11-663 37 86

7.

Ato Beruk Walelegn

Executive Director-Human Resources

251-11-558 33 50

8

Ato Kagnew Wolde

Executive Director-Marketing Department

251-11-554 67 30
Department Directors
                                          C.  Department Directors

No.

Director

Department

Tel. No.

1.

Ato Yohannes Argaw

Risk and Compliance Management

 

2.

Woy. Maerge Alemu

A/Director-Internal Audit

 

3.

Ato Dula Merera

Legal  Services and Loan Recovery

 

4.

Ato Mulugeta Beza

International Banking Operations

 

5.

 Ato Tesfaye Abebe

Credit Analysis and Appraisal

 

6.

 Ato Tefera Tolossa

Core Systems
 

7.

 Woy. Fresenayit Tassew

Customer Management and Support

 

8.

Ato Yoseph Tamirat

Business Intelligence and Analytics

 

9.

 Ato Desalegn Yizengaw

Finance and Accounting Department

 

10.

Ato Kefyalew Shiferaw  

E-banking Operations

 

11.

Ato Muluken Nega

Results Management Office

 

12.

Ato Getahun Arega

Engineering Services and Project Management

 

13.

Ato Belayneh Hailemeskel

 Property and Facilities Management

 

14.

Ato Fisseha Kassa

Treasury Operations

 

15.

 Ato Misganaw Habte

Strategy, Planning & Monitoring

 

16.

 Ato Fentahun Demeke IS Infrastructure  

 

 

Money Transfer

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Currency Rate Bank of Abyssinia

  Exchange Rate 

  Date June 22 2017

 

Currency Buying Selling
1 USD

 

23.0721

 

23.5335
1 Euro

 

25.7162

 

26.2305
1 Pound 29.2923 29.8781
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