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Subcommittees
Board Risk & Compliance Sub-Committee
Fikadu Dugasa
Education
- BSC in Cooperative Business Management-Ambo University);
Experience
- Various training in (Coop mgt., coffee production & quality improvement) Jan. 1998 to date: GM of Limu Enaria Farmers’ Multipurpose Cooperative Union ;
- Jan 1988 to Jan 1998: Agricultural Extension Expert Limu Kosa District, Agricultural Development Office, Oromia Agricultural and Rural Development Bureau;
Kebede Asefa
Educaiton
- MSC in Cooperative Marketing (Mekele University);
- PGD in cooperative Business Mgt.;
- BA in Sociology & Social Admin. ( AAU);
- Various development related training
Experience
- March 2018 to date: Program Associate-smallholders support at WFP :
- Dec. 2012 to Feb. 2018: Program Assistant of purchase for progress (F4P) program:;
- August 2009 to Nov. 2012: Program officer UNDP at United Nations Volunteers ( UNV);
- Sept 1988 to June 2009: Acting Head of Coop Promotion Work Process; Program Coordinator-RUFIP; Head of Zonal Coop Prom Dept., Junior Expert coop promotion at OCPA ;
Garomsa Bayisa
Education
- MBA-from RVU ;
- BSC. In Agr. Econ form Haramaya University;
Experience
- August 2018 to date: GM at Ambo FCU ;
- June 2006 to May 20018: Marketing Manager and HR and Materials Management Head respectively at Ambo FCU ;
- Nov. 2006 to May 2018: Planning Expert in WSZAO ;
- Sept. 2003 to Jan. 2005: Expert on Agroforestry and Rural Land Administration at West Showa Zone Agricultural and Rural Development Office;
- July 1997 to August 2003: Head of Marketing and Loan Team at District Cooperative Promotion Office;
Board of Human Resource Affairs Sub-committee
Mulugeta Dagne
Education
- MBA from Paradise Valley University College
- BA in Business Management;
- Diploma in Cooperative Management from Ardaita ATVET College
Experience
- April 2012 to date: GM of Wonji Sugarcane growers’ Cooperative Union;
- Dec. 2009 to Jan. 2012: Deputy Head of District Coop Promotion Office;
- Jan 2008 to Nov 2009 : Team leader of District Cooperative Promotion Office ;
- August 2005 to Sept. 2008: Coop Promotion Expert to at District Coop. Promotion Office;
Abera Halilu
Education
- BA in OD ; (from International Leadership Institute)
Diploma in Law (from ECSU );
Experience
- 2018-2019: Vice Chairperson & CEO of Biftu Adugna Business;
- 2012-to date: CEO of Tumsa Endowment and also Tumsa Board member;
- 2007-2011: Board member and GM of ORTV ;
- 2006-2007: Communication Bureau Head at ORSGA ;
- 2002-2006: Vice speaker of Oromia Regional State Council
- 1996-2002: ORGS Cabinet member of OPDO Central Office;
- 1990-1996: Others;
Elfinesh Alemayehu
Education
- BSC. In Law
- Various training
Experiance
- Current: East Wellega Zone Public Service and Human Resources Development Officer
- 21 yrs of service (District Women Affairs, Communication Office manager, Zonal Women Association Chairperson, Zonal communication vice manager);
Audit Board Sub-committee
Tefera Anbesa
Education
- BA in Coop Business Mgt. from Ambo University;
- Diploma in Accounting from Alfa University College
- Diploma (in Basic Computer);
- Training on (IFRS, training methodologies, other TOT and coop mgt. training) Sept. 2017 to date: GM of Yhaenu PLC;
Experience
- August 2016 to August 2017: Coop. Project Capacity Building Coordinator at Adriot Consultancy Service ;
- June 2006 to July 2016: Team Leader of Agricultural Coop. Devt. at Zonal Office and Regional OCPA respectively;
Oumer Wabe
Education
- BSC. from AUA in Animal Science;
- Various training in leadership, Governance, BPR, Change agent, TQM, Personnel Management, etc.
Experience
- Nov. 2015 to date: GM at OCFCU;
- Dec. to Nov. 2015 (Dean: of Alage ATVET ) and May 2006 to Dec. 2008 (dean of Agarafa ATVET) respectively ;
- Jan. 2004 to Jan. 2006: Project Executants at DGIS-WWF Ethiopia Project ;
- Nov. 1994 to Jan. 2004: Zonal Agricultural Dept. Head at OADB ;
Sept. 1988 to Oct. 1994: Other in MOA:
Askeberech Belayneh
Education
- BA in Development Management (ECSU )
Experience
- August 2015 to date: GM at Oromia Agricultural Coop Federation;
- July 2011 to Jan. 2015: Chairperson of Oromia Women Association;
- Jan. 2008 to June 2011: Advisor at Oromia Labor and Social Affairs Bureau;
- March 2001 to August 2004: Head, District Finance Office;
Shariah Advisory Committee
Shariah Advisory Committee
Sheik Salih Nur Ahmed
SAC Chairperson
Ustaz Kamil Shemsu Sirai
SAC Deputy Chairperson
Dr.Kamal Haji Galato
SAC Member
Dr. Mohammed Salih Jamal
SAC Member
Dr.Jibril Qamar Adam
SAC Member
Sheik Jamal Aliyi
SAC Member
Media Gallery
Media Gallery
Coopbank Unveils Michu 2.0: Transforming Digital Lending
Coopbank celebrates 18th anniversary, marks another milestone in fixed asset formation
Coopbank is celebrating its 17th Years anniversary
Coopbank delivers donations to drought victims in different Oromia Zone's
Cooperative Bank of Oromia has started Collateralized Commodity Financing (CCF) for the first time in Ethiopia.
Cooperative Bank of Oromia signed a memorandum of understanding with Jimma University
Fund-raising has been organized by the Coopbank Employees to support Artist Hachalu Hundessa’s family
The launch of Michu Uncollateralized Digital Lending Product in Pictures
17th Shareholders' General Assembly
Board of Directors
Board of Directors
Meskerem Debebe
Chair Person
Master of Business Administration (MBA), BA in Accounting
Abinet Tarekegn
Deputy Chair Person
MSc in Development Economics, MA in Cooperative Management, BSc in Rural Development and Agricultural Extension
Dr. Fikru Deksisa
Member
PhD in Agriculture, MSc in Forestry
Deribie Asfaw
Member
MBA in International Business, BA in Economics
Meseret Assefa
Member
MA in Project Management , BA in Management
Jemal Kedir
Member
MSc in International Trade and Economics, MA in Leadership and Change Management
Tegistu Shiferaw
Member
BA in Business Administration and Information Systems
Dr. Yeshi Jima
Member
PhD in Development Studies, MA in Development Studies
Aseffa Sumoro
Member
MSc in Finance and Development, MA in Development Economics .
Dejene Dadi
Member
Master of Business Administration(MBA), MSc in International Trade and Economics
Executive Management
Executive Management
Deribie Asfaw
Cheif Executive Officer (CEO)
Aman Semir
Chief Transformation and Strategy Officer (CTSO)
Abdi Fekede
A/Chief Operating Officer (COO)
Desalegn Tadesse
Chief Risk, Compliance and Legal Officer
Tadele Tilahun
Chief People Officer (CPO)
Shimelis Legesse
Chief Information Officer (CIO)
Tafesse Fana
Chief Internal Auditor
Muluneh Aboye
Chief Financial Officer (CFO)
Coopbank at a Glance
Coopbank at a Glance
History
In the early 2000s, Ethiopia’s rural communities faced a stark reality: financial exclusion that left farmers and small businesses without the resources to thrive. Amid this challenge, a visionary named Haile Gebre Lube emerged, determined to transform lives and unlock the potential of Ethiopia’s underserved populations. Guided by the belief that “the best way to fight poverty is through cooperation,” Haile embarked on a mission to create a financial institution rooted in community and collaboration.
Haile Gebre Lube established a project office In 2002 with a bold ambition: to build a bank that prioritized access to capital for the most vulnerable. By March 2005, this vision became a reality as Coopbank opened its doors, driven by a mission to empower individuals, foster partnerships, and enable sustainable growth.
Coopbank’s journey has been marked by ground breaking achievements in financial inclusion. On top of the billions of birrs the bank financed to various economic sectors over the years, Coopbank has revolutionized access to credit in Ethiopia by lending more than 26.1 billion birr to micro, small, and medium enterprises (MSMEs) using its innovative uncollateralized digital lending platform Michu. This transformative effort has reached over1.6 million individuals, the majority being youth and women, through innovative digital lending solutions that eliminate the need for collateral.
Moreover, the bank’s cutting-edge technologies, such as FarmPass, have revolutionized the agricultural sector. These innovations enable farmers to access markets, secure loans, and benefit from tailored agri-finance solutions, creating sustainable opportunities for growth.
Coopbank is more than a financial institution; it’s a movement. Together, we can unlock potential, drive progress, and create opportunities for generations to come.
Welcome to Coopbank—where cooperation transforms lives.
Mission:
Rooting our foundation in communities, we redefine the banking experience, through innovative financial products to bank smarter and live better.
Vision:
leading the way in financial inclusion, sustainability, and community empowerment for a brighter future.
PURPOSE:
Empowering Communities, Transforming Lives.
Core Values:
S – Stewardship for Environment
C – Community Well-being
A – Accountability, Fairness, and Equity in Service Delivery
L – Living into & Respect for Tradition, Education and Innovation
E – Equal Opportunity & Inclusive Governance
MOTTO:
Empowering Communities, Transforming Lives