Safaricom Telecommunications Ethiopia PLC has announced the appointment of Ermias Eshetu as Chairman of its Advisory Board, effective 10 November 2025. This appointment marks a significant milestone in the company's ongoing effort to place more Ethiopians in senior leadership and decision-making roles. Ermias joined the Safaricom Ethiopia Advisory Board as its first Ethiopian member on 21 March 2025. His elevation to Board Chairman represents a new chapter in the company's localization and leadership development journey. In his new role, Ermias will lead and coordinate the Board to ensure its effectiveness. As the Board Chairman, Ermias will also represent the company externally.
"We are pleased to welcome Ermias as our new Chairman, his wealth of experience in finance, governance, and institutional transformation, combined with his deep understanding of the market, positions him to guide the company into its next phase of growth. His appointment marks another important step in ensuring Ethiopians lead at the highest levels of the company. By placing an Ethiopian leader at the helm of its Board, Safaricom Ethiopia reinforces its commitment to local leadership, inclusive growth, and long-term investment in the Ethiopian economy."
- Peter Ndegwa, Chairman of the Global Partnership for Ethiopia Board, CEO, Safaricom PLC CEO