Yohannes Tilahun has announced his intent to resign from his position as Chief Executive Officer (“CEO”) of GE Ethiopia

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geADDIS ABABA, Ethiopia, May 4, 2016/ — I  would like inform you that Yohannes Tilahun has announced his intent to resign from his position as Chief Executive Officer (“CEO”) of GE Ethiopia (http://www.ge.com/africa/company/ethiopia) as of May 1st 2016 to pursue other opportunities.

Yohannes joined us from Ethiopian Investment Commission (“EIC”), where he held the role of Senior Director, Strategy.  He has also served as a special advisor to the CEO of the EIC as well as other Government Ministers on numerous issues including priority focus areas for greater economic development through private sector involvement.  Prior to this, he held roles of increasing responsibilities in the US with Wells Fargo and Morgan Stanley. Yohannes brought years of experience in designing and successfully executing large multi-stakeholder
projects and leading teams to deliver results.

We thank Yohannes for his contributions to support GE’s growth in Ethiopia and we wish him all the best in
his future endeavors.

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Daniel Hailu, COO Ethiopia will be acting CEO Ethiopia until a replacement is identified.

Jay Ireland
President & CEO, GE Africa

Distributed by APO (African Press Organization) on behalf of GE.

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GE