Ethiopian Banker Nominated for Top African Award

ADDIS ABEBA – Admassu Y. Tadesse, president and chief executive of Kenya’s Trade and Development Bank (TDB), has been nominated for this year’s African banker of the year.

Admassu is among the top five in the shortlist that is dominated by CEOs of banks based in South Africa and Kenya.

The Ethiopian banker has been working as CEO of TDB since 2012.

Prior to his appointment, he served as a top executive for 10 years at the Development Bank of Southern Africa (DBSA) where he was responsible for international finance and investment, as well as corporate strategy, according to his profile in the banks’s website.

Much earlier in his career, he also served in various management and technical capacities with specialized UN agencies.

An Economist and Banker, Admassu qualified at the London School of Economics and Political Science, Wits Business School and the University of Western Ontario.

He also trained in advanced management and banking at Harvard Business School and INSEAD.

Apart from Admassu, Brehima Amadou Haidara of La Banque de Développement du Mali, Brian Kennedy of Nedbank in South Africa, James Mwangi of Equity Bank in Kenya and Johan Koorts of South Africa’s ABSA are nominated for the award.

This year’s shortlist sees a number of new banks nominated across different categories, as well as behemoths from the industry, said the organizers.

The shortlist for the top bank of the year also include Attijariwafa Bank (Morocco), AfreximBank, Ecobank (ETI), Equity Group (Kenya), Mauritius Commercial Bank, and Trade and Development Bank

The Award event will be held during the Annual Meetings of the African Development Bank (AfDB) in June in Malabo, Equatorial Guinea.

The winners, selected by an expert judging panel of bankers and business leaders, will be announced at the African Banker Awards ceremony which will take place on the evening of the 11th June. The awards are held under the high patronage of the African Development Bank.

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