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Ethiopia - Addisu Legesse replaces Seyoum Mesfin as Ethiopian board chairman

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01/02/11

  10:11:28 pm, by admin, 515 words  
Categories: Ethiopia

Ethiopia - Addisu Legesse replaces Seyoum Mesfin as Ethiopian board chairman

Girma Wake Photo Reporter


Ethiopia - Addisu Legesse replaces Seyoum Mesfin as Ethiopian board chairman

Girma Wake hands over his post to Tewolde

By Kaleyesus Bekele

Reporter

As Seyoum Mesfin, former Foreign Minister and board chairman of Ethiopian Airlines, was appointed Ambassador to China and would be leaving for the Asian country soon, Addisu Legesse, the former Minister of Agriculture and Rural Development and Deputy Prime Minister, was appointed as the new chairman of the board of directors of Ethiopian Airlines.

To the surprise of many, at a farewell dinner party organized for the outgoing CEO of Ethiopian Airlines, Girma Wake, at the Addis Ababa Hilton Hotel on Thursday, it was announced that Addisu would be the new chairman of the board of Ethiopian Airlines, one of the fast growing airline in Africa.

Nine other new board members were appointed. Sinkenesk Ejigu, Minister of Mines, is among the new board members. There were seven members in the former board - Seyoum, Getachew Mengiste, Minister of State in the Ministry of Transport, Addisalem Balema (PhD), director of the Ethiopian Commodity Exchange Authority, Hashim Toffik (PhD), Simret Medaneh (Col.), the first CEO of the airline, Mohammed Ahmed (Capt.), the renowned Ethiopian CEO (known for challenging the Derg officials in defense of the independence of the management of the airline) and Gebremedin Gebrehiwot. Addisu handed over medals and certificates to the outgoing board members. Seyoum served as board chairman of Ethiopian for 10 years taking over from the then Minister of Defense, Seyee Abreha.

“I and the new board members understand that this is a crucial moment for Ethiopian,” Addisu told the new management led by Tewolde and employees of the airline who came to see off Girma, the buoyant CEO. “And I assure you that we will provide you with the required support,” he added.

Seyoum, who repeatedly thanked Girma and the management of Ethiopian as a whole, said that Ethiopian will have a long stretch to achieve. However, he expressed his strong belief that the airline will be more successful. “Ethiopian will be a shining star,” Seyoum said.

Tewolde is also optimistic about the future of the airline. However, he mentioned several challenges that may affect the growth plan of the airline. External shock, global economic crisis, fuel price hike, stiff competition from the Gulf carriers, the brain drain, stringent environmental regulations and protection of skies are some of the challenges which Tewolde listed.
Tewolde seems scared of the competition coming from the mega Middle Eastern carriers that are flexing their muscles in Africa in recent years. Gulf carriers such as Emirates and Qatar are opening more routes in Africa and increasing their flight frequencies. “They are subsidized by their petro dollar resources,” Tewolde said. However, these airlines, which Tewolde did not mention by name, refute the allegations by saying that they are not subsidized by their government.

The outgoing CEO, Girma Wake, expressed his confidence in Tewolde and his new management team with an average age of 40. At the ceremony, Tewolde amused attendees by saying that the current management has a combined experience of 421 years of airline management.

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Comment from: Death to Weyane [Visitor]
Death to Weyane

Seyoum Mesfin is one of the most idiot high ranking personal in Ethiopia. He even couldn’t read a simple geography map. I think he should be go back to his farm to Adwa.

01/02/11 @ 23:08
Comment from: Woye [Visitor]
Woye

Mr.Addisu ,please don’t screw up.Ethiopian is the only pride Ethiopia has.

01/02/11 @ 23:12
Comment from: g the great [Visitor]
g the great

It is an insult to nominate addisu legesse to be chief of Ethiopian Airlines. who is gone teach sport in kg? he is shameless dum ass. what a transition is it from ministry of agriculture to airline industry? mad meles and his bulls are killing my country.

01/02/11 @ 23:23
Comment from: logistic [Visitor]
logistic

shame! shame! the genocidal Meles Zenawi. How Addisu Legesse, the bull and idiot guy who can’t think and perform, can be the chairman of Airlines? Now, Ethio airlines , the only profitable organization in ethio is up side down.No more Ethiopia.

01/02/11 @ 23:41
Comment from: Sodo [Visitor]
Sodo

Bututo Lebash Tgres , recycling like a used soda can. They are not even Ethiopians.
Out of the millions of citizens, these shameless bandas are having exclusive property rights which they robbed at gun point. I hate Getatas.

01/02/11 @ 23:53
Comment from: Abegaz [Visitor]
Abegaz

gud fela zendro yemayalflat hager

01/03/11 @ 00:05
Comment from: wollo [Visitor]
wollo

Please read and understand what is written before voumiting what u have in your mind (mostly Melosophobia or Tigrophobia).
@ g the great: Ato Addisu is assigned as a board chairperson, not as a Chief CEO….. (g the smal)
@Death to Woyane: It is during the chair of Seyoum that Ethiopian acheived its amazing profit and success. Your little mind thinks that all officials in Ethiopia are from Adwa,like Meles,…please they are not and so is true for Seyoum. I am afraid that you may think Obama is from Adwa.
@ Sodo: You didn’t understand the news. Sorry I can’t help you with your phobia (you will die hating)

01/03/11 @ 01:05
Comment from: Sinan [Visitor]
1 stars
Sinan

What a bad new! This is not fair, I think, Addisu has no ability and skill to manage this huge company; it is preferable to comeback to ministry of agriculture. what questionable to me is, there is no another Citizen that eligible for leading this company in whole Ethiopia? Why don’t you appoint ‘the right person on the right place’? I’m so sad! Please God, don’t forget mama Ethiopia!

01/03/11 @ 01:12
Comment from: obsa [Visitor]
obsa

It is a pitty that every sector is controlled by Tigrean minorities and their “spiritually tigrean” supporters(such as Addisu). The largest two ethnic gropus (Amharas and oromos)have almost zero represenation in key positions. GOD is not far, U will be the consequence in near future!!!!

01/03/11 @ 01:33
Comment from: zi [Visitor]
1 stars
zi

with TPLF cadres as CHAIRMAN & CEO a fast downhill fall for EAL a.k.a WAL

01/03/11 @ 01:42
Comment from: Seleme [Visitor]
Seleme

. . .time to relax for SM, and time for him to get big bucks shares from this business that monopolized by parasitic looting front and their cronies. . .and this is really clear to me that EAL is run by VULTURES!. . .


01/03/11 @ 02:19
Comment from: MELASA [Visitor]
2 stars
MELASA

now Ethiopian air lines go down.this stupid man how manage this big company very bad news.

01/03/11 @ 02:54
Comment from: Ewnetu [Visitor]
5 stars
Ewnetu

I do not understand why some of the bloggers do not take English class to comprehend what being written and said. If you are negative about any news, find website which supports your ideology. ET gained momentum during the past decades under the same Board of Directors regardless who they are. I am proud of the progress ET has made. If you could not see it then, you are racist. Do not come over here and spew your hatred. We should be happy to have ET which is a pride of Ethiopia and African continent.

Thanks Wollo for your good observation and comment!

01/03/11 @ 03:48
Comment from: dereje [Visitor]
dereje

MAYDAY…MAYDAY…

PROFITABLE ETHIOIAN AIRLINES HIJACKED BY NEW CEO AND CHAIRMAN, TWO UNQUALIFIED POLITICAL APPOINTEES WITH LOUSY RESUME, LOSING FLYING ALTITUDE…

MAYDAY…MAYDAY…

01/03/11 @ 04:16
Comment from: SARA [Visitor]
SARA

Lord have mercy, they can’t wait to dismantle what CEO Girma built.

Everytime you want to believe in this government, they show their TRUE colors!

01/03/11 @ 04:25

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