Sinopia News Top

National Bank of Ethiopia Approves Enat Bank President

The National Bank of Ethiopia has accepted Fasika Kebede as the founding president of Enat Bank. The central bank accepted the nomination last week after two previous nominees failed.

Enat Bank has finally succeeded in finding a president said Meaza Ashenafi, Chairperson of the Board of the bank.

Fasika served with the Commercial Bank of Ethiopia for 24 years after graduating from Addis Ababa University in 1981. She conducted Post Graduate Studies in the University of Wales, UK. Fasika served with the Ethiopian Red Cross Society for five years before retiring to private business.

As president of Enat her priorities will be to ensure services that put clients first said Fasika expressing her happiness that her nomination was accepted by the National Bank of Ethiopia.

I’m glad my nomination has been accepted by the NBE,” Fasika told Fortune. “My priorities will be to ensure the bank has a kind of service that put clients first

It is to be remembered that Enat Bank submitted Fasika presidential nominee for consideration while the central bank was in the process of evaluating Brutawit Dawit, the second nominee presented by Enat Bank after the NBE rejected their original choice for president: Birtukan Gebregzi.

Birtukan was rejected by banking industry regulators with the central bank for lack of experience in credit management.

Source: Addis Fortune