Ethiopian Commodity Exchange CEO ResignsSeptember 2, 2017 - Ermias Eshetu, the CEO of the Ethiopian Commodity Exchange (ECX), has tendered his resignation letter to the board of directors of the trading enterprise, according to the Ethiopian English weekly newspaper the Reporter. The resignation of Ermias stunned many as it came at a time when the CEO was attempting to restructure the Ethiopian Commodity Exchange and introduce new trading services and working procedures. Sources said the rigorous evaluation might have prompted the CEO to leave his position. According to sources, the board of directors of ECX has accepted the resignation letter of the CEO. The CEO tendered his resignation letter in the wake of the in-depth evaluation,” sources told The Reporter.

Source: Ethiopian News September 03, 2017 04:52 UTC