Zemen Bank Profile

About Zemen Bank

1. Banking Philosophy: Zemen Bank S.C prioritizes customer choice and convenience, viewing banking as an activity rather than a location-bound task, emphasizing accessibility and flexibility for its customers.

2. Compliance and Governance: Since its establishment in October 2008, Zemen Bank has adhered strictly to local laws and regulations, along with international best practices, ensuring robust corporate governance and regulatory compliance.

3. Vision: Zemen Bank aspires to be the "home of distinctive financial solutions and service excellence," reflecting its commitment to innovation and customer satisfaction.

4. Mission Statement: The bank's mission is to provide a unique financial experience, foster an engaging work environment, and create sustainable value for all stakeholders through empowered workforce and technology, while maintaining social responsibility.

5. Core Values: Zemen Bank operates on core values such as being relationship-driven, socially oriented, ethical, accountable, committed to diversity, responsible finance, and professionalism, guiding its operations and interactions with stakeholders.

6. Services: Zemen Bank offers a comprehensive range of banking services including Personal Banking, Personal Saving, Personal Checking, Consumer Loan, Certificate of Deposit, International Banking (including Import & Export, International Wire Transfers), Cheque Clearance Service, Bank Guarantee, Forex Service, Non-Resident Accounts, Profit Repatriations, Corporate Loans, Equity Lines & Loans, and Term Loan, catering to diverse financial needs and requirements.

By prioritizing customer-centric services, adhering to regulatory standards, and upholding core values, Zemen Bank aims to be a trusted and innovative financial partner for individuals and businesses alike.

Address and Contact Information

Head Office: Around Mexico Biherawi, Addis Ababa.

Phone: 6500

P.O.Box: 1212, Addis Ababa, Ethiopia

Email: info@zemenbank.com

Zemen Bank Board of Directors

1. Ermias Eshetu - Board Chairman
2. Eneye Bemir - Deputy Board Chairperson
3. Prof. Abebe Dinku (Dr.-Ing). - Board Director
4. Ashenafi Embeza - Board Director
5. Bizuneh Bekele - Board Director
6. Mieraf Shewaye - Board Director
7. Sinafikish Tekle - Board Director
8. Tilaye Kassahun (Dr.) - Board Director
9. Wondwossen Mulugeta (Dr.) – Board Director

Executive Management Team of Zemen Bank

1. Dereje Zebene - President/CEO
2. Meseret Wondim - Vice President, Corporate Resource Management
3. Amha Tadesse - Vice President, Information Technology
4. Asrat Tadesse - Vice President, Customer Services
5. Addis Woldecherkos - Vice President, Operations
6. Dereje Mihretu - Assistant Vice President, Credit
7. Tewahido Taffese – Director, Knowledge & Innovation
8. Yohannes Getachew – Director, Internal Audit
9. Fikru Tabor – Director, Risk & Compliance Management
10. Lemma Alemayehu – Director, Finance
11. Elias Kinfegebriel - Director, Human Resource
12. Biniyam Abreham – Director, International Banking
13. Bayush Berhanu – Director, Multichannel Banking
14. Birhanu Beyene – Director, Legal Counsellor
15. Kassahun Merawi – Director, Engineering
16. Taye Nigatu – Director, Facility Management
17. Tesfaye Salilew – Director, E-Channel Management
18. Aklilu Sisay – Director, Personal & Business Banking
19. HaileYesus Mezgebu – Director, IT Project
20. Phylipos Mitiku – Director, Core Banking & Software Dev’t
21. Michael Tsegaye – Director, Corporate & Institutional Banking

Annual Reports