Ethio Telecom Appoints Tariku Demissie as Acting CEO

The Board of Directors of Ethio Telecom has appointed Tariku Demissie as the new acting CEO of the company. This appointment follows the transition of the former CEO, Frehiwot Tamiru, who was recently appointed as the Minister of Innovation and Technology. Frehiwot Tamiru had led the state-owned telecom giant for the past eight years, overseeing significant operational shifts. Tariku Demissie, who previously served in other roles within the organization, now assumes leadership during this transition period. The company has not yet provided details on when a permanent CEO might be selected. Stakeholders are watching to see how the change in leadership will impact the company's ongoing strategy.