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Contact Us: Coopbank: “Empowering Community Transforming Lives!”

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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


    Coopbank Annual Report

    CoopBank Annual Report 2023-2024

    CoopBank Annual Report 2022-2023

    CoopBank Annual Report 2021-2022

    CoopBank Annual Report 2020-2021

    CoopBank Annual Report 2019-2020

    CoopBank Annual Report 2018-2019

    CoopBank Annual Report 2017-2018

    CoopBank Annual Report 2016-2017

    CoopBank Annual Report 2015-2016

    CoopBank Annual Report 2014-2015

    CoopBank Annual Report 2013-2014

    CoopBank Annual Report 2012-2013


    Board of Directors

    Board of Directors


    Fikru Deksisa Sadesso (PhD)
    Chair Person


    Educational Qualification

    PhD in Agricultural (Voronez Institute of Forestry- Russian Federation);
    MBA FFAEM-IICM
    BA in Business Mgt-Bahir Dar University
    Diploma in professional management,
    Professional Certificates and various relevant trainings


    Fikadu Dugassa Gudeta
    Deputy Chair Person


    Educational Qualification

    BA in Cooperative Business Management-Ambo University);
    Diploma in General Agriculture from Jimma University;
    Various trainings in (Coop mgt., coffee production & quality improvement)

    Ararsa Regassa Fayissa

    Member


    Educational Qualification

    MSc in Farm Forestry from Swedish University of Agricultural Sciences
    BSc in Forestry from Haramaya University of Agriculture
    Various trainings in India, Japan and others.

    Kebede Ejeta Dabali

    Member


    Educational Qualification

    MA in Cooperative Economics and social Enterprises form Ambo University;
    BA in Cooperative Business Management form Ambo University;
    Diploma in GAg form Ambo University
    Various trainings (Coop leadership, good governance and membership development, financial planning and coop auditing, etc. )

    Terefe Senbaba Meta

    Member


    Educational Qualification

    MBA from Ambo University;
    BA in Cooperative Accounting from Ambo University;
    Diploma in Genera Agriculture from Ambo College of Agriculture;
    Various trainings (in coop business management, SACCO, etc.)

    Wegayehu Tsige Endeshaw

    Member


    Educational Qualification

    BA in Cooperative Business Management from Mekele University;
    MA in Social Psychology from Adama Science and Technology;
    Various trainings in credit risk management, Micro-finance, Business Plan Development, Entrepreneurship, etc.

    Debelo Jebesa Bidu

    Member


    Educational Qualification

    BA in Cooperative Business Management from Makele University

    Tadele Abdi Shane

    Member


    Educational Qualification

    MBA from Lead Star College of Mgt. & Leadership;
    BA in Business Management from Adama University;
    Diploma in Accounting from Nazareth College of technical teacher education

    Muktar Adem Hussen

    Member


    Educational Qualification

    MBA from Lead Star College of Management & Leadership
    BA in Cooperative Accounting-Haramaya University);

    Eshetu Wakene Benti

    Member


    Educational Qualification

    MSc.in Accounting & Finance from Arsi University;
    BA in Coop Accounting from Haramaya University;
    Diploma in Banking & Finance from AA University;
    Certificates in: Coop. Business Mgt. & Coop. Banking
    Various trainings

    Amb. Girma Temesgen

    Member


    Educational Qualification

    Master of Art (M.A.) Communication- Leipziger University Germany
    Bachelor of Art (B.A) Political Science and International Relations Addis Ababa University Ethiopia

    Sub-committees

    Obbo Wegayehu Tsige
            Chairman

     

    Amb. Girma Temesgen
              Member

    Obbo Kebede Ejeta
            Member

     

     

     

    Obbo Ararsa Regassa
       chairman

     

     

    Dr. Fikru Deksisa
             Member

    Obbo Terefe Senbata
             Member

     

     

    Obbo Kebede Ejeta
          Chairman

     

     

    obbo Eshetu Wakene
    Member

     

    Obbo Terefe Senbata
    Member

     

     


    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 21.89 billion birr to micro, small, and medium enterprises (MSMEs) using its innovative uncollateralized digital lending platform Michu. This transformative effort has reached over1.4 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