The Board of Directors, constituting twelve members, aims at spearheading and promoting the Bank’s strategy and long-term success to deliver sustainable value to Shareholders, Customers and the Society at large.
Board of Directors
BOARD OF DIRECTORS
Board Committees
Ahadu Bank Board of Directors has organized four Sub-Board Committees to effectively support the Executive Management and provide the Board an enhanced focus matter of interest in specialized functions. Each of the Board Committee closely supervise specific areas under their ambit and reports its performances to the full Board on a regular basis. The Board Secretariat, staffed with full-time employees, facilitates the overall operation of the Board with the view of assisting the Board to effectively discharge the responsibilities entrusted to it by the Shareholders.
Risk & Compliance Committee
Risk Management and Compliance Board Subcommittee consists of three Directors. The committee supervises the proper performance of the Risk Management and Compliance activities of the Bank with the view of monitoring the Bank’s risk exposure and risk management and ensure compliance of the Bank’s overall operation with various pertinent laws of the land, own policies and procedure. The Committee, whose members have diverse knowledge, talent and experience, is effectively supervising the Risk Management and Compliance functions of the Bank.
- Daniel Gebremedhin – Chairman
- Dr. Temesgen Worku Member
- Pro. Mahteme Bekele Member
Credit Committee
The primary objective of the credit committee is to assist the board of Directors in reviewing and overseeing the overall lending of the Bank
- Tesfaye Bihonegn – Chairman
- Meskerem Alemu – Member
- Anteneh Sebsebie – Member
- Ambassador Alemtsehay Meseret – Member
Nomination & Remuneration committee
The Nomination & Remuneration committee of the Board of Director is Primely responsible for tasks related to Nomination of independent directors candidates for senior execute officer position & over seeing the HR policy, strategy & Performance management process of the Bank. It is also responsible in recommend fee compensation benefit system of the Bank.
- Kasahun Hailemariam _ Chairman
- Makonnen Semu _ Member
- Anteneh Sebsebie _ Member
- Eng. Gabriel Deribe _ Member
Audit Committee
The Audit Board Subcommittee consists of three Directors. The committee supervises the proper performance of the audit activities of our Bank with the view of ensuring that effective internal control system and process are put in place and properly function. The committee, whose members have diverse knowledge, talent and experience, is effectively supervising the performance of auditing function of our Bank.
- Gtinet Fikre – Chairman
- Dr. Temesgen Worku – Member
- Tsehaye Alemayehu – Member