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Cooperative Bank of Oromia Profile
About Cooperative Bank of Oromia
Cooperative Bank of Oromia traces
its roots back to a crucial need in Ethiopia's financial landscape. Faced with
significant rural financial exclusion, particularly in areas lacking mainstream
banking services, the bank emerged as a solution to bridge this gap.
Established in 2004, the bank was founded on the principles of cooperation and
inclusivity, championed by Haile Gebre Lube, a prominent figure in Ethiopia's
cooperative movement. Recognizing the vital role of cooperatives in poverty
alleviation, the bank has since become a cornerstone of the country's financial
sector.
With a diverse ownership structure
encompassing both cooperative and non-cooperative members, Cooperative Bank of
Oromia has grown to become one of Ethiopia's most profitable banks. Boasting
assets exceeding ETB 139.56 billion and serving over 11.2 million account
holders through a vast network of 738+ branches, the bank has solidified its
position as a leader in the industry. Guided by a vision to become the foremost
private bank in Ethiopia by 2025, Cooperative Bank of Oromia remains steadfast
in its mission to provide innovative banking solutions tailored to the needs of
communities, especially cooperatives and agro-based businesses. With a
commitment to integrity, customer satisfaction, continuous learning, teamwork,
cost consciousness, and community welfare, the bank exemplifies a steadfast
dedication to excellence in banking services.
Contact Address
- Head Office: Addis Ababa, Bole
Sub-city, Woreda 02, House No New
- Phone: +251115150229
- Fax: +251 11 515 0489
- Customer contact center: 609
- info@coopbankoromia.com.et
- Swift code: CBORETAA
Board of Directors
- Fikru Deksisa Sadesso (PhD) - Chair
Person
- Fikadu Dugassa Gudeta - Deputy Chairperson
- Ararsa Regassa Fayissa – Member
- Kebede Ejeta Dabali – Member
- Terefe Senbaba Meta – Member
- Wegayehu Tsige Endeshaw – Member
- Debelo Jebesa Bidu – Member
- Tadele Abdi Shane – Member
- Muktar Adem Hussen – Member
- Eshetu Wakene Benti – Member
- Amb. Girma Temesgen – Member
Executive Management Team
- Deribie Asfaw – President
- Aman Semir - VP, Technologies, and
Digital Banking
- Desalegn Tadesse - Chief Risk &
Compliance Management Officer
- Gadissa Mamo - VP, Corporate
Banking
- Liko Tolesa - VP, Human Capital,
and Projects Management
- Gutema Dibaba - VP, Cooperative and
Agricultural Banking
- Muluneh Aboye - VP, Banking
Operations
- Tafesse Fana - Chief Internal
Auditor
- Tadele Tilahun - VP, Strategy and
Marketing
- Shimelis Legesse - VP, Information
Systems
- Wondyifraw Assefa Gadena - VP,
Credit Appraisal and Portfolio Management
- Mubarek Shemollo Reda - Acting VP,
Interest Free Banking