Photo of Admassu Tadesse

Admassu Tadesse

Group President & Managing Director – Trade and Development Group Bank

Mr. Admassu Tadesse has served as Trade and Development Bank Group President and Managing Director since 2022. Prior, he led PTA Bank, and its evolution into TDB, and previously served as Executive Vice President for International Finance and Corporate Strategy with the Development Bank of Southern Africa.

Under his leadership, TDB Group has expanded into several new and under-served markets, with new strategic business units and subsidiaries, achieved investment grade credit ratings, with total assets growing about 10-fold, reaching the USD 10 billion mark in 2023. Its equity capital has also multiplied manifold, with its investor base more than doubling to 46 shareholders.

He is a recipient of several distinctions and awards, including African Banker of the Year, African Business Leader of the Year and Development Banker of the Year. He is an alumnus of the London School of Economics, Western University, Wits Business School, and Harvard Business School.