Ethiopian Investment Holdings has announced the appointment of Abel Tadesse to head the Ethiopian Insurance Corporation. This strategic move comes as part of the government’s efforts to strengthen developmental organizations in the country.

Founded in 1975, Ethiopian Insurance Corporation has played a pivotal role in the nation’s economic landscape, particularly in the insurance sector. With nearly 50 years of experience, the organization has been a key player in driving investment and fostering growth in various industries.

Abel brings with him a wealth of experience, having served in significant roles within the insurance sector, including as a senior executive at Awash Insurance. His leadership is expected to provide fresh insights and bolster the corporation’s operations as it navigates the complexities of the Ethiopian market.