Dr Eleni Gebre-Medhin, founder and Chief Executive of the Ethiopia Commodity Exchange is transitioning out of the leadership 
role effective as of the 30th of September announced the ECX.
The transition is part of carefully implemented succession plan which aims to ensure a smooth transition as the team of internationally recruited management professionals, in charge of the ECX since April of 2008, handovers responsibilities to locally recruited and trained leaders said Dr. Eleni at a press conference.
The locally recruited team, which will take over senior management positions, is highly capable and has been with the ECX since the exchange began operations she said.
The board of directors of the exchange has appointed Anteneh Assefa, currently serving as the Vice President of Operations with the Bank of Abyssinia as the next Chief Executive of the ECX according to Dr. Eleni.The outgoing team consisting of international officers will retain advisory roles to ensure a smooth transfer of duties and to successfully finalize the initiative she added.
“ I feel exceptionally luck to have had a dream , had the opportunity to work with an incredible group of dedicated individuals …I have absolutely no doubt that the future for ECX is as bright as ever ” concluded Dr. Eleni.
Source: Ethiopian News Agency
