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Ethiopian Reinsurance (EthioRe) Welcomes New CEO Mr. Netsanet Lemesa

In a celebratory event held at its headquarters, Ethiopian Reinsurance Share Company (EthioRe) officially introduced its newly appointed Chief Executive Officer, Mr. Netsanet Lemesa. The welcoming ceremony marked a significant leadership transition for one of Ethiopia’s key players in the reinsurance industry.

The event was attended by EthioRe’s management and staff, who gathered in high spirits to greet their new CEO. The occasion featured a symbolic cake-cutting and a bouquet presentation, reflecting the team's enthusiasm and optimism about the company’s future under Mr. Lemesa’s guidance.

In his address, Mr. Lemesa expressed heartfelt appreciation for the outgoing Acting CEO, Ato Fikru Tsigaye, acknowledging his exceptional service and leadership throughout the transition period. Mr. Lemesa also noted his longstanding relationship with EthioRe, having previously served as CEO of Ethiopian Insurance Corporation, a major shareholder in the company.

Looking ahead, Mr. Lemesa emphasized his vision for EthioRe, outlining plans to drive operational innovation, strengthen strategic partnerships, and promote a collaborative, growth-driven workplace culture. He underscored the vital role of teamwork and a shared mission in realizing EthioRe’s strategic objectives and advancing Ethiopia’s reinsurance sector.

Acting CEO Ato Fikru Tsigaye also addressed the gathering, stating:

"We are delighted to welcome Mr. Netsanet Lemesa as our new CEO. With his visionary leadership and our shared commitment to excellence, we are confident in achieving new milestones together."

The EthioRe team extends warm congratulations to Mr. Lemesa and expresses strong support for his leadership as the company continues to grow and evolve within Ethiopia’s dynamic financial landscape.

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Ethiopian Reinsurance (EthioRe) Welcomes New CEO Mr. Netsanet Lemesa

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