Zemen Bank Executive and Leadership Team

July, 2026

Leadership Overview

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

Driven by innovation, Zemen Bank is dedicated to transforming banking into an accessible experience, empowering clients through advanced financial solutions and exceptional service to foster economic growth.

Leadership Roles at Zemen Bank

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

    Dereje Zebene, the Chief Executive Officer at Zemen Bank, directs the overall strategic vision and operational execution of the institution. Overseeing all departments, Zebene ensures the bank's commitment to providing choices and convenience is met through innovative banking solutions. This leadership role involves guiding the bank's expansion into new markets and enhancing its digital service offerings to cater to individuals, businesses, and the diaspora. By fostering a culture of exceptional customer service, Dereje Zebene drives the bank's mission to empower clients and support their financial growth. The Chief Executive Officer's focus remains on solidifying Zemen Bank's position as a technologically advanced and trusted financial partner, both domestically and internationally, ensuring sustained market relevance and client satisfaction.

    Tsegay Tetemke - President & Chief Executive Officer

    Tsegay Tetemke, the President & Chief Executive Officer at Zemen Bank, spearheads the institution's overarching strategic direction and operational framework. Tetemke's leadership ensures the bank consistently delivers on its promise of banking as an experience, prioritizing customer choice and convenience. This executive guides the development and implementation of comprehensive banking services, encompassing personal, business, international, and digital offerings, specifically designed for a diverse clientele including individuals, businesses, and the diaspora. Tsegay Tetemke champions the bank's commitment to technological advancement and exceptional customer service, aiming to empower clients and facilitate their financial prosperity. The President & Chief Executive Officer's strategic initiatives are crucial in establishing Zemen Bank as a reliable and forward-thinking financial institution, supporting economic development through innovative solutions.

    Ermias Zewde - Chief Technology Officer

    Ermias Zewde, the Chief Technology Officer at Zemen Bank, architects the bank's technological infrastructure and digital transformation initiatives. Zewde oversees the development and deployment of innovative banking solutions that enhance customer convenience and choice, aligning with the bank's mission to provide an exceptional banking experience. This role involves managing the integration of cutting-edge technologies across all service channels, including personal, business, international, and digital banking platforms, to meet the evolving needs of individuals, businesses, and the diaspora. Ermias Zewde drives the adoption of advanced systems that support Zemen Bank's commitment to technological leadership and operational efficiency. The Chief Technology Officer's strategic vision ensures the bank remains at the forefront of digital banking, empowering clients with seamless and secure financial tools to foster their economic growth.

    Ruth Lemma - Chief Sales Officer (CSO)

    Ruth Lemma, the Chief Sales Officer (CSO) at Zemen Bank, directs all sales strategies and revenue-generating activities across the institution. Lemma oversees the expansion of Zemen Bank's client base by driving engagement with individuals, businesses, and the diaspora through tailored financial products and services. This leadership position involves optimizing sales processes and fostering strong client relationships to ensure the delivery of exceptional customer service and banking convenience. Ruth Lemma's focus is on translating the bank's innovative banking solutions into tangible growth, supporting clients' financial aspirations. The Chief Sales Officer (CSO) plays a critical part in reinforcing Zemen Bank's market presence and its reputation as a trusted partner, ensuring that sales efforts directly contribute to the bank's overall mission of empowering financial growth and providing a superior banking experience.
    Ruth Lemma

    Phylipos Mitiku - Chief Information Officer, A

    Phylipos Mitiku, the Chief Information Officer, A at Zemen Bank, manages the bank's information systems and data security protocols. Mitiku ensures the integrity and accessibility of client data across all banking platforms, supporting the bank's commitment to providing secure and convenient digital services. This role is pivotal in maintaining the technological infrastructure that underpins Zemen Bank's offerings for individuals, businesses, and the diaspora, ensuring seamless operations and compliance with industry standards. Phylipos Mitiku drives the strategic implementation of information technology to enhance operational efficiency and support the bank's mission of empowering clients. The Chief Information Officer, A's oversight is crucial for Zemen Bank's technological advancement and its ability to deliver innovative, reliable financial solutions to its diverse customer base.

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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 Sales Officer (CSO), Chief Information Officer, A.