Bank of Abyssinia at Glance
In an era where commercial banking services were in an inchoate stage and striding towards transforming diff
of Abyssinia’s founders believed in the need for a bank that gives comprehensive commercial banking service
(BoA) was open for business in 1996 with enthused initiation and determination.
The name Abyssinia resembles bravery and character which are the core attributes of BoA. Its identity is dem
optimism, and belief as it is perfectly displayed in its logo, the Adey Abeba. Adey Abeba brings the promise o
very sense to all the customers it engages with. Working with and through BoA brings sustained success with
determination and hard work.
The First Bank
Bank of Abyssinia
Ownership
Bank of Abyssinia is a share company of private individuals who amass experience and success in different ar
entertainment and education. Such diverse ownership not only reflects the company’s determination and willin
operates in, but also signify its ability to work together towards building a successful business venture and com
The Choice for All
BoA’s commitment to deliver quality commercial products a
service makes BoA the most suitable bank for all. Adopting
reflects BoA’s deep association with the society. With more
services BoA has demonstrated through the years that is a B
customer.
Vision Mis
Tirelessly Working to achieve our vision Our mission enables us
To become the leading commercial bank in East Africa by the Provide excellent financial
year 2030. motivated employees and
maximize value
Values
Our values reflect our identity
Customer Satisfaction Team work an
The quality of our work is always measured by the As we stride t
level of satisfaction our customers get. To attain delivering unp
the maximum value, our financial services are collaborative
always of the highest.
Integrity Caring for our
The services we deliver throughout the country As a bank tha
keep their uniformity and standard to display our country, our c
integrity. financial servi
are deeply con
community w
responsibility
which allows
Strategic Partnership
Bank of Abyssinia, to build its brand traction and expand its customer base, has formed a strategic partnership
organizations based in Ethiopia.
Corporate Social Responsibility
As one of our core values, the Bank of Abyssinia promotes corporate social responsibility. It believes the well
conditions of our community will benefit us all. As such, BoA participates in various national projects and oth
These include the construction of the Ethiopian Grand Renaissance Dam, the establishment of the Ethiopian C
and the establishment of Ethiopian Women Traders’ Associations.
Current Capital
Through its 928 branches in the country, BoA serves over 13 million customers. BoA’s well-structured financ
through the T-24 core banking system. This coupled with the 1429 ATM machines, 33 virtual banking centers
different locations to afford customers to access their accounts from anywhere at any time. BoA also increased
ETB 20,419,148,035.
Total Asset
The total assets of Bank of Abyssinia have reached ETB 218,513,875,231.
13078605 11575 928
Customers Employees Branches
33
Vitual Banking Centers
Board of Directors
Mr. Mekonnen Manyazewal
Board Chairman
Qualification: BA degree with
distinction in Business
Administration
Primary Occupation: Freelance
Advisory Service
Mr. Aemero Belete
D/ Board Chairman
Qualification: MBA in Financial
Strategy , Bachelor of Arts (BA)
Degree in Accounting & Authorized
Accountant
Primary Occupation: Self Employed
Mr. Kassahun Zewudie Mrs. Emebet Woldeher Mr. Yerom Gessesse
Board Director Board Director Board Director
Qualification: BA in Qualification: Bachelor of Qualification: Masters in
Management Arts in Foreign Languages Marketing Management
& Literature (English),
Primary Occupation: and Diploma in Primary Occupation:
General Manager, New Commerce (In General Manager, Real
Sun Trading Plc. Accounting) way Trading PLC
Primary Occupation:
General Manager at Ghion
Industrial Chemical sector
PLC
Mr. Meseret Melese MR. Solomon Alula Dr. Yihenew Zewdie
Board Director Board Director Board Director
Qualification: Master of Qualification: MA in Qualification: PhD
Business Administration National Economy (Development Studies-
(MBA), BA Degree in Planning Natural Resource
Management (with Management)
distinction), and Primary Occupation:
Certificate in Commodity Pensioner Primary Occupation:
Marketing Country Director Alliance
for a Green Revolution for
Primary Occupation: Africa (AGRA) (ILRI
Deputy Director at Campus)
University of South
Africa, Ethiopia Center for
Graduate Studies, Addis
Ababa
Board Sub-Committee Members
Audit Committee Risk, Comp, Mgt & Nomination and
Credit Review Remuneration
Mr. Solomon Alula
Committee Committee
Mr. Aemero Belete
Mr. Molalign Melese Mr. Meseret Melese
Mr. Kassahun Zewudie
Mr. Mekonnen Manyazewal Mr. Aemero Belete
Mr. Yerom Gessesse Mrs. Emebet Woldeher
Dr. Yihenew Zewdie
The Management Team
Mr. Bekalu Zeleke
Chief Executive Officer
Mrs. Sosina Mengesha Mrs. Meseret Asfaw Mr. Mohammed Nuredin
Chief Digital Banking Chief Enterprise Service Chief International
Officer Officer Banking Officer
Mr. Daniel Hailu Mr. Abreham Gebeyehu Mr. Asaminew Deribew
Chief Information Officer Chief Branch Banking Chief Credit Business
Officer Officer
Mr. Kagnew Wolde Mr. Abdulkadir Redwan Mr. Wosenyeleh Aberra
Vice President Marketing Vice President IFB Deputy Chief-Retail
Business
Mr. Biruk Walellegn
Executive Assistant to the
CEO
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