Insight

Hibret Bank

About Hibret Bank

Establishment: Hibret Bank, also known as United Bank, is one of Ethiopia’s pioneer private banks, founded in 1998.

Foundation Principle: Founded on collaboration and diversity, with enterprising Ethiopians from various backgrounds coming together to establish the bank.

Reputation: Built a reputation for providing innovative financial solutions in Ethiopia’s banking industry.

Transformational Strategy 2030: Implementing a strategy aimed at building a strong financial structure and fostering a mutually beneficial ecosystem.

Partnerships: Selected as a pioneer partner by national giants like Ethiopian Airlines and Ethio Telecom.

Expansion: Boasts over 470 branches and sub-branches, with continuous expansion efforts.

Workforce: Employs over 4706 individuals, with a significant representation of women at 41.8%.

Iconic Headquarters: The bank’s 37-story headquarters, named “Hibir Tower,” stands in Addis Ababa’s financial district.

Vision: Aims to be the preferred financial services provider across Africa.

Mission: Committed to exceeding customer and stakeholder expectations through competitive financial solutions, efficient service delivery, and people empowerment.

Tagline: “United, we prosper!”

Aspirations: Includes becoming one of the top 5 private banks in East Africa, leading in innovation and digitization, and being renowned for inclusivity in the region and beyond.

Address and Contact Information

Head Office: Ras Abebe Aregay Street, Hibir Tower, Mexico, Addis Ababa, Ethiopia

Call center – 995

Phone: +251 11 465 52 22

Email: info@hibretbank.com.et

P.O.Box: 19963 Addis Ababa, Ethiopia

Board of Directors

  1. Samrawit Getamessay – Chairperson
  2. Mesfin Tessema – Deputy Chairperson
  3. Getachew Ayele – Director
  4. Tesfaye Desta – Director
  5. Chanyalew Yilma – Director
  6. Getachew Ashinne – Director
  7. Wondiye Girma – Director
  8. Ato Daniel Bekele – Director
  9. Ato Milkias kinfemichael – Director

Executive Management Team

  1. Melaku Kebede – CEO
  2. Tsigereda Tesfaye – Senior Deputy CEO, Business and Operations
  3. Simeon Assefa – Deputy CEO, Corporate Services
  4. Andualem Hailu – Deputy CEO, Strategy and Technology
  5. Hirut Adamu – Chief Strategy and Transformation Officer
  6. Bizuneh Tariku – Chief, Internal Audit Officer
  7. Sisay Molla – Chief Finance Officer
  8. Dereje Kebede – Chief Trade Finance Officer
  9. Asrat Arega – Chief Human Capital Officer
  10. Neybyat Assefa – Chief information Officer
  11. Sileshi Tigabue – Chief Credit Officer
  12. Adugna Mekonnen – Chief Risk Management and Compliance Officer
  13. Yeshimebet Tefera – Chief Customer Relation Officer
  14. Teshome Gebreab Gebremichael – A/Chief Retail Banking Officer

Annual Reports

Please refer https://www.hibretbank.com.et/media/annual-report/

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