DBE appoints five new vice presidents following leadership transitions

The Development Bank of Ethiopia (DBE) has appointed five new vice presidents as part of ongoing efforts to strengthen its leadership amid recent transitions, including the departure of a long-serving executive.

This appointment follows a series of leadership changes at DBE, such as the December 2025 ousting of top executives over internal disputes and the subsequent departure of a long-serving vice president. The move aims to bolster the bank's organizational structure and enhance its role in Ethiopia's economic development financing. Details on the new appointees or precise appointment dates were not disclosed.

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