Ethiopian Airlines CEO GebreMariam resigns

Ethiopian Airlines CEO GebreMariam resigns
March 24 13:00 2022

Mesfin Tasew Appointed as New Group CEO

By Reginald Chapfunga

The Ethiopian Airlines Group Chief Executive Officer, Mr. Tewolde GebreMariam, has resigned. He has been under medical treatment in the USA for the last six months.

In a statement, Ethiopian Airlines said Mr GebreMariam wants to focus on his personal health issues, as he is unable to continue leading the airline as a Group CEO.

“Mr. Tewolde GebreMariam requested the Board of Management of Ethiopian Airlines Group (the “Board”), for early retirement in order for him to focus his full attention to his medical treatment. The Board, in its ordinary meeting held on Wednesday, March 23, 2022, has accepted Mr. Tewolde’s request for early retirement,” read the statement.

Mr. GebreMariam led the airline for over a decade with remarkable success reflected in its exceptional performance in all parameters including but not limited to exponential growth from one Billion USD annual turn-over to 4.5 billion, from 33 airplanes to 130 airplanes and from 3 million passengers to 12 million passengers (pre-COVID).

Meanwhile, Ethiopian Airlines Group has announced the appointment of Mr. Mesfin Tasew Bekele, as the new Chief Executive Officer.

Mr. Mesfin has 38 years of experience in airline management and operations in the areas of aircraft maintenance and engineering, procurement, information technology, flight operations, capability development, capacity building, development of corporate strategies, airline operation management, and corporate leadership. He earned Master’s in Business Administration (MBA) from Open University in the UK, MSc degree in Electrical Engineering specializing in Communications Engineering from Addis Ababa University, and BSc degree in Electrical Engineering from Addis Ababa University.

The Board Chairman of the airline, Mr. Girma Wake said, “I would like to congratulate Mr Mesfin on his new appointment and I am fully confident about his capabilities. We believe that Mr Mesfin will lead the airline to an even greater success, keeping it on the right track that will see it grow through many generations to come. I urge the 17,000 employees of Ethiopian and the board members to stand with the new Group CEO to keep the airline fly high. We are also thankful for the remarkable contributions of the former Group CEO.”

Mr Mesfin Tassew on his part said, “I am honoured and humbled to be appointed as the Chief Executive Officer of Ethiopian Airlines Group which I have been serving for nearly four decades in various positions. My new role gives me the opportunity to carry on with the fast and profitable growth of our beloved airline and take it to the next level. I call on all my colleagues at Ethiopian Airlines to join hands and forge ahead for further success.”

Mr. Mesfin has been serving as a Chief Executive Officer of ASKY Airlines since 2021 and has led the airline with a profitable growth strategy until the time of his new appointment. He has served as a Chief Operating Officer of Ethiopian Airlines from 2010 –2021.

 

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