Cooperative Bank of Oromia
Abdi Fekede has extensive experience in the banking sector, currently serving as the Chief Operation Officer at Cooperative Bank of Oromia since October 2018. Previously, Abdi held multiple senior positions at the same institution, including Senior Director of Digital Financial Services, Director of Digital Products and Service, Director of MSME, and Senior Credit Analyst. Prior to this role, Abdi worked as a Credit Analyst at the Commercial Bank of Ethiopia from April 2014 to October 2018. Abdi Fekede holds a Master's degree in Human Resources Management/Personnel Administration from Addis Ababa University.
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Cooperative Bank of Oromia
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Establishment Cooperative Bank of Oromia (S.C.) was registered commercially on October 29, 2004, in accordance with article 304 of Commercial Code of Ethiopia. It was established in line with proclamation no. 84/1994 with authorized capital of Birr 300 million. It started operation on 8th March 2005, with paid-up share capital of birr 112 million. Ownership Cooperative ->Primary Cooperatives ->Cooperatives Union ->Cooperatives Federation Non-Cooperative ->Organizations and Associations ->Individuals Mission We root our foundation in communities to provide banking solutions that create greater customer experience with emphasis to cooperatives and agro-based businesses through proper use of human resource and up-to-date technologies to maximize stakeholders’ value. Vision ->To be the leading private bank in Ethiopia by 2025. CBO Values ->Integrity ->Customer Satisfaction ->Learning Organization ->Teamwork ->Cost Consciousness ->Concern for Community Salient Features ->Social and Cultural values oriented services ->First bank of its kind in the country ->Broad ownership base and diversified ownership structure ->Give priority to the unbanked society Objectives ->To promote saving culture and create access to loans ->To maximize shareholder's value