Ethiopian Investment Holdings (EIH) has announced the appointment of Ato Getu Geremew as the new Chief Executive Officer of Ethiopian Electric Utility (EEU). He replaces Ato Shiferaw Telila. The leadership transition is part of EIH’s ongoing commitment to transform State-Owned Enterprises (SOEs) and drive operational excellence.
EIH emphasized its dedication to ensuring greater efficiency, accountability, and service reliability within its portfolio companies. The change at EEU, a crucial player in Ethiopia’s infrastructure and socio-economic development, is a strategic move aimed at enhancing power supply stability, improving operational effectiveness, and reinforcing transparency.
“Driven by the ambition to secure a zero-power disruption future for our nation,” EIH stated, “Ethiopian Investment Holdings is committed to strengthening the EEU’s infrastructures and operational efficiency.”
EIH affirmed its commitment to taking necessary actions to reform and strengthen its portfolio companies, ensuring they deliver measurable impact and long-term sustainability in alignment with Ethiopia’s national development goals.
