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Oromia Bank Profile
About Oromia Bank
Establishment: Oromia Bank
was established on September 18, 2008, in accordance with the laws,
regulations, and the 1960 Commercial Code of Ethiopia. It obtained a banking
business license under the Monetary and Banking Proclamation No. 83/1994 and
the Licensing and Supervision of Banking Proclamation No. 592/2008.
Shift to Digital:
Recognizing the changing landscape of banking, Oromia Bank has embraced digital
transformation. Tools like Oroclick and the Mobile Banking app have been
launched to complement its 500-branch footprint.
Branch Network: Oromia Bank
started with modest beginnings and opened its first branch on October 25, 2008,
in Addis Ababa. The bank has since expanded significantly, establishing over
500 branches nationwide.
Financial Strength: Oromia
Bank has shown steady growth and is recognized as a top-performing bank. As of
the latest information, the bank has a paid-up capital of Birr 5.4 Billion.
Vision: Aims to become the
bank of the first choice for customers.
Mission: Committed to
providing full-fledged and high-quality commercial banking services within
regulatory requirements. The bank focuses on sustainable business practices,
empowering the missing middle, and discharging social responsibility. This is
achieved through highly qualified, skilled, motivated, and disciplined
employees and state-of-the-art information technology, adding real value to
shareholders' interests and winning public trust.
Core Values:
Operational Excellence: Pursues a
philosophy of operational excellence.
Beliefs: Holds strong beliefs that
contribute to a unique and sparkling cultural identity.
Reputation: Values a reputation
known by others in the industry.
Balance: Aims to achieve a balance
of size, success, and stability.
Empowerment: Strives to empower
every individual, organization, and community touched by its operations.
Address and Contact Information
Head Office: Bole, Africa Avenue, Addis
Ababa Ethiopia
Phone Number: +251 -11-51-83-880 /
+251 -11-55-72-115
Mob: +251 -90-39-22-222
Email: info@orointbank.com
P.O.Box: 27530/1000 Addis Ababa, Ethiopia
Fax: + 251 115 57 2000
Board of Directors
- Dr. Assefa Seme - Board Chairperson
- Obbo Mulugeta Tujuba – Vice Chairperson
- Ajema Gondel – Member
- Eshetu Temesgen (PhD) – Member
- Gemechu Waktola (PhD) – Member
- Deressa Kenea – Member
- Girma Balcha (PhD) – Member
- Fanta Tesgera (PhD) – Member
- Gudeta Gelalcha – Member
- Worku Homa – Member
- Obbo Samuel Tesfa - Member,
Representing Oromia Insurance S.Co.
- Obbo Solomon Geda - Company
Secretary
Executive Management Team
- Obbo Teferi Mekonnen - Chief
Executive Officer (CEO)
- Obbo Faysel Yassin - Chief Officer,
Corporate Banking & Int’l Trade
- Obbo Jote Kenate - Chief Officer,
Corporate Strategy and Transformation Mgt
- Obbo Worku Lema - Chief Officer,
Retail & SME Banking
- Obbo Geleta Bekuma - Chief Officer,
IT Infrastructure and Services
- Obbo Berhanu Edae - Chief, Internal
Audit
- Obbo Ketema Mengesha - Chief, Risk
Mgt and Compliance
- Obbo Kedir Abas - A/Chief Officer,
Interest Free Banking
- Obbo Tesfaye Dheressa - Deputy
Chief Officer, Credit Operation Mgt.
- Obbo Gelana Leta - Deputy Chief
Officer, Human Resources
- Obbo Theodros Haile - Deputy Chief
Officer, Marketing and Partnership
- Obbo Alemayehu Demisse - Deputy
Chief Officer, Corporate Services
- Obbo Eriste W/Mariam - Executive
Director, Digital Banking Service
- Obbo Endale Foye - Deputy Executive
Assistant to the CEO
- Obbo Estifanos Befikadu - Deputy
Executive Assistant to the CEO
- Obbo Dagnachew Negash - Director,
Legal Service Directorate
Annual Reports
Please visit https://www.oromiabank.com/annual-report/