Zemen Bank Executive and Leadership Team

July, 2026

Leadership Overview

Zemen Bank has 5 executives leading key functions including strategy, technology, information systems, and sales.

Driven by innovation, Zemen Bank is dedicated to transforming banking into an accessible experience, empowering individuals and businesses through advanced financial solutions and exceptional customer service.

Leadership Roles at Zemen Bank

  • Chief Executive Officer - Dereje Zebene
  • President & Chief Executive Officer - Tsegay Tetemke
  • Chief Technology Officer - Ermias Zewde
  • Chief Information Officer, A - Phylipos Mitiku
  • Chief Sales Officer (CSO) - Ruth Lemma
  • Dereje Zebene - Chief Executive Officer

    Dereje Zebene, the Chief Executive Officer at Zemen Bank, directs the overall strategic vision and operational execution for the institution. This leadership role involves guiding Zemen Bank's commitment to providing customers with choices and convenience, ensuring banking is perceived as an empowering experience. Zebene oversees the development and implementation of comprehensive banking services, encompassing personal, business, international, and digital offerings. The Chief Executive Officer's focus extends to fostering technological advancements and maintaining Zemen Bank's position as a trusted financial partner for local and international clients, including the diaspora. By driving innovation and exceptional customer service, Dereje Zebene supports the financial growth and empowerment of all clients, solidifying the bank's market presence in Ethiopia.

    Tsegay Tetemke - President & Chief Executive Officer

    Tsegay Tetemke, the President & Chief Executive Officer at Zemen Bank, spearheads the institution's strategic direction and executive leadership. This critical position involves shaping Zemen Bank's mission to redefine banking as an experience, emphasizing customer choice and convenience. Tetemke oversees the delivery of a broad spectrum of financial services, including personal banking, business solutions, international transactions, and cutting-edge digital platforms designed for individuals, businesses, and the diaspora. The President & Chief Executive Officer champions the bank's commitment to technological innovation and superior customer service, aiming to empower clients and foster their financial prosperity. Tsegay Tetemke's leadership ensures Zemen Bank remains a technologically advanced and reliable financial institution for its diverse clientele.

    Ermias Zewde - Chief Technology Officer

    Ermias Zewde, the Chief Technology Officer at Zemen Bank, architects the bank's technological infrastructure and innovation roadmap. This role is central to Zemen Bank's strategy of delivering banking as an experience through advanced digital services. Zewde oversees the development and deployment of robust technology solutions that enhance customer convenience and choice across personal, business, international, and digital banking platforms. The Chief Technology Officer ensures the bank's systems are scalable, secure, and aligned with its mission to empower clients and support financial growth. Ermias Zewde's leadership drives the technological advancements that position Zemen Bank as a modern, trusted financial institution, catering effectively to individuals, businesses, and the diaspora.

    Phylipos Mitiku - Chief Information Officer, A

    Phylipos Mitiku, the Chief Information Officer, A at Zemen Bank, manages the bank's information systems and data governance strategies. This position is crucial for ensuring the integrity, security, and accessibility of client information across all banking channels. Mitiku oversees the implementation of IT policies and procedures that support Zemen Bank's commitment to exceptional customer service and innovative banking solutions. The Chief Information Officer, A plays a key part in enhancing the digital services offered to individuals, businesses, and the diaspora, ensuring a seamless and convenient banking experience. Phylipos Mitiku's oversight of information technology infrastructure directly contributes to the bank's technological advancements and its reputation as a trusted financial partner.

    Ruth Lemma - Chief Sales Officer (CSO)

    Ruth Lemma, the Chief Sales Officer (CSO) at Zemen Bank, drives revenue generation and market expansion strategies across all client segments. This role is pivotal in translating Zemen Bank's commitment to customer choice and convenience into tangible business growth. Lemma oversees the sales teams responsible for personal banking, business solutions, international services, and digital product adoption. The Chief Sales Officer (CSO) focuses on developing and executing sales initiatives that empower clients and support their financial growth, ensuring Zemen Bank's offerings meet diverse needs. Ruth Lemma's leadership ensures the bank's innovative solutions reach individuals, businesses, and the diaspora effectively, reinforcing Zemen Bank's position as a technologically advanced and customer-centric financial institution.
    Ruth Lemma

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    Frequently Asked Questions Regarding Zemen Bank Top Executives and Leadership Team

    Who leads Zemen Bank?
    Zemen Bank is led by Dereje Zebene (Chief Executive Officer), along with executives such as Tsegay Tetemke (President & Chief Executive Officer) and Ermias Zewde (Chief Technology Officer).
    Who is part of Zemen Bank’s executive team?
    The executive team of Zemen Bank includes leaders such as Dereje Zebene (Chief Executive Officer), Tsegay Tetemke (President & Chief Executive Officer), Ermias Zewde (Chief Technology Officer) and other senior executives.
    How many executives does Zemen Bank have?
    Zemen Bank has 5 executives leading key business areas.
    What roles are included in Zemen Bank’s leadership team?
    The leadership team of Zemen Bank includes roles such as Chief Executive Officer, President & Chief Executive Officer, Chief Technology Officer, Chief Information Officer, A, Chief Sales Officer (CSO).