Tsehay Shiferaw has worked in the banking industry for nearly a quarter-century, almost as long as Ethiopia’s private banking industry has existed. He led Awash International Bank (AIB) for the past decade after becoming president in 2011. Awash as launched a ten-year strategic plan under his leadership with the goal of making the bank one of the top ten financial institutions in East Africa by 2025.
Tsehay is currently preparing for new competition from foreign banks, preparing to take his bank overseas. The Reporter’s Selamawit Mengesha and Ashenafi Endale spoke with Tsehay about the banks’ future plans and the opening up of the industry.
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