Cooperative Bank of Oromia
Liko Tolesa has extensive experience in human capital and project management, serving in various leadership roles at Cooperative Bank of Oromia since December 2004, including Vice President positions in Human Capital and Projects Management and Human Resources and Facility Management, as well as roles in strategy and change management. Liko began the professional journey as a founding staff and management expert at the Cooperative Bank of Oromia (Under Formation) Project Office from June 2002 to December 2004. Liko holds a Master's degree in Human Resources Management and a Bachelor's degree in Economics, both from Addis Ababa University.
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Cooperative Bank of Oromia
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Establishment Cooperative Bank of Oromia (S.C.) was registered commercially on October 29, 2004, in accordance with article 304 of Commercial Code of Ethiopia. It was established in line with proclamation no. 84/1994 with authorized capital of Birr 300 million. It started operation on 8th March 2005, with paid-up share capital of birr 112 million. Ownership Cooperative ->Primary Cooperatives ->Cooperatives Union ->Cooperatives Federation Non-Cooperative ->Organizations and Associations ->Individuals Mission We root our foundation in communities to provide banking solutions that create greater customer experience with emphasis to cooperatives and agro-based businesses through proper use of human resource and up-to-date technologies to maximize stakeholders’ value. Vision ->To be the leading private bank in Ethiopia by 2025. CBO Values ->Integrity ->Customer Satisfaction ->Learning Organization ->Teamwork ->Cost Consciousness ->Concern for Community Salient Features ->Social and Cultural values oriented services ->First bank of its kind in the country ->Broad ownership base and diversified ownership structure ->Give priority to the unbanked society Objectives ->To promote saving culture and create access to loans ->To maximize shareholder's value