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Addis Ababa June 21/2012 The Ethiopian Commodity Exchange (ECX)
announced that Dr. Eleni Gebre-Medhin , founder and CEO will transition
out of a leadership role in the company effective September 30, 2012 .
a press conference she gave in connection her transition here on
Thursday Dr. Elleni said the transition in the outcome of succession
plan carefully implemented since May 2001 to ensure the smooth handover
fro a team of internationally recruited management professionals from
April 2008 to date.
She said locally recruited, highly capable
team which has been with ECX since the start of operations will take
over senior management position starting July.
Dr. Elleni said the ECX Board of Directors has appointed Anteneh Assefa
who is currently the Vice President of Operation of the Bank of
Abyssinia as the next CEO of ECX.
“ I feel exceptionally luck to
have had a dream , had the opportunity to work with an incredible group
of dedicated individuals …I have absolutely no doubt that the future for
ECX is as bright as ever ” she said.
She said the outgoing team
of international officers will remain in advisory roles to ensure a
seamless transfer of duties and the successfully completion of ongoing