The Habesha
Date: April 19, 2026 To: Ms. Hana Tehelku, Director General Ethiopian Capital Market Authority (ECMA) Addis Ababa, Ethiopia From: LJDemissie @LJDemissie (X, formerly Twitter) [email protected] Subject: Request for Fit-and-Proper Review — Zemedeneh Negatu, CEO, CBE Capital Investment Bank, under Capital Market Proclamation No. 1248/2021 Table of Contents Executive Summary Purpose Background Specific Allegations — Allegation 1 through Allegation 5 Requested Actions Statement of Good Faith Exhibits References Executive Summary: This complaint requests that ECMA assess whether Zemedeneh Negatu, CEO of CBE Capital Investment Bank — a state-affiliated entity licensed under Proclamation No. 1248/2021 — meets the fit-and-proper standard required of individuals controlling licensed capital
The Habesha Ethiopian News
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