Background
Debebe HABTE YOHANNES was born on December 26, 1926.
Debebe HABTE YOHANNES was born on December 26, 1926.
Educated at the Ras Makonnen School, Harrar, and at the Haile Selassie Secondary School, Addis Ababa, between 1945 and 1947. He joined the State Bank and went on a scholarship to Switzerland and Britain, ending at Guildford Technical College in 1950.
He rapidly established a national network and international connections. He built the bank from scratch, securing important backing from the Haile Selassie Foundation and National and Grindlays of Britain. He devoted his energy and enthusiasm to make it one of his country’s leading banks. Frank and outspoken, he has strong views on the orderly growth of the economy at a rate that ensures balanced growth within national capacities. He is a prominent church leader and treasurer of the Addis Ababa Walking and Mountaineering Club.
He returned to the Exchange Control Department of the State Bank of Ethiopia, becoming deputy exchange controller from 1955 to 1960. After three months as a guest official at the Bank of England, he became supervisor of the foreign branch of the State Bank from 1961 to 1963 and secretary of the Investment Committee.
In 1963 he decided to set up a bank of his own and become managing director and alternate chairman from the days of first incorporation. He has also been vice-president of the Ethiopian Chamber of Commerce in 1969 and 1970 and vice-president of the Ethiopian Bankers Association.