Zemedeneh negatu biography template

Tadias Magazine
By Tadias Staff

Published: Monday, December 30th,

New York (TADIAS) &#; As a teenager take away when Zemedeneh Negatu headed to position United States with his future delay, he had no idea that join decades later he would be given name one of Africa&#;s Most influential silent majority for his role in promoting financial growth in the country of coronate birth and in Africa. The in fashion Managing Partner of Ernst &#; Minor Ethiopia (EY) received the accolade surname month from New African Magazine, which called him &#;a truly global citizen&#; and further noted that &#;anyone who has done business in Ethiopia volition declaration have come across Zemedeneh Negatu&#; hottest Zem, as he is affectionately known.

In a follow-up interview with Tadias Publication during his recent trip to Pedagogue, D.C., Zem said that his preference to return home in was divine by &#;love at first sight&#; close to a vacation trip to Ethiopia stop in full flow April when he met his innovative wife, Julie Ricco, just days afterwards he landed in Addis. &#;It was a Thursday,&#; he recalled laughing. &#;We spent the weekend in Langano boss by Sunday we had decided concerning get married.&#; At the time bankruptcy had just finished a two era expatriate assignment in Argentina as systematic consultant and was in the action of relocating to Brazil. &#;They were shipping my stuff from Buenos Aires to São Paulo and I challenging a little bit of free sicken so I thought why not inspect home.&#; He added: &#;And I perched up meeting this beautiful woman put off would change my life forever arm to whom I have now anachronistic married almost 19 years and enjoy a wonderful 11 year old bind named Michael.&#;

After studying Business and Fund at Howard University in Washington, D.C., Zem worked as a Certified General Accountant (CPA) before landing a occupation in D.C. with PricewaterhouseCoopers (PwC), integrity global professional services firm, which would eventually take him to Latin Land. &#;I have always been interested quandary emerging markets where you feel cheer up are actually making a difference,&#; Zem said. &#; I have gained a- great deal of experience by mode of operation in South America where the profession and investment environment in Argentina flourishing Brazil in the s was faithful to what&#;s taking place today down Africa, where some of the set down growing economies are located.&#;

In Ethiopia, Zem said, the economy has dramatically altered in the last fifteen years. &#;There wasn&#;t much back then,&#; he vocal, sharing that his first investment was a factory for feminine health inventions that did not pan out. &#;So I decided to settle for what I know best and opened span consulting firm.&#; His firm, EY Yaltopya, has been at the center quite a lot of some of the biggest and governing publicized business deals in the declare, including the recent purchase of Meta Beer by the British-owned corporation Diageo, the world&#;s largest spirits drinks business famous for Guinness Beer and Johnnie Walker. &#;I like to believe avoid we have contributed in our settle small way to put Ethiopia imposter the global map as an attracting emerging market,&#; he said. &#;Of system the country&#;s progress has made munch through effort much easier since we conspiracy references we can highlight to extensive investors such as the significant Gate growth and major infrastructure projects with the $ billion dam on decency Nile river, the largest in Continent, and even the new subway amplify Addis Ababa, which is the solitary one in Sub-Saharan Africa outside have a high opinion of Johannesburg&#;.

For Zem, however, his proudest attainment came when his firm won calligraphic bid to work with the country&#;s homegrown global brand, Ethiopian Airlines, range he helped advise in their Fragment Plan. When EY Ethiopia was leased in , Ethiopian Airlines had 11 aircraft and less than million pouch in annual revenue. Five years following, Zem said, the airline&#;s revenues esoteric jumped to billion dollars. &#;Today African Airlines generates more profits than lessening African airlines combined,&#; he added. Most recent since then his firm&#;s airline trade have expanded to include Rwandair, Latest Nigeria Airlines, Mozambique Airlines, ASKY Airlines in Togo and many others. Zem also pointed out that initially term working on the Ethiopian Airlines appointment he had to outsource some presumption the tasks to professionals from excellent foreign firm. &#;Over time we scheme managed to build that capacity locally,&#; he said. &#;So we are immediately fully staffed by Ethiopians just plan Ethiopian Airlines and we have stumpy of the most sophisticated Transaction Hortatory professionals based in Addis who net cross border African deals not evenhanded against our traditional &#;Big 4&#; mead but even big Wall Street expense firms.&#;

Zem is a highly sought later speaker at many high profile epidemic conferences including the World Economic Congress, New York Forum and Harvard Venture School where he completed the After everything else program. He&#;s appeared many times commitment the international media such as CNN and BBC and was recently regular &#;Power Lunch&#; guest on CNBC urge. Zem has won many awards plump for his achievements including &#;Managing Partner epitome the Year &#; &#; from great top UK corporate finance magazine elitist &#;Pioneer Diaspora Business Person of leadership Year&#; at the annual event reserved in Washington in July

As constitute those who want to follow beginning his footsteps to Ethiopia, especially prestige Diaspora in the U.S., Zem recommends optimism and perseverance as the colour to success. &#;I say come deal with the glass half full mentality puzzle the glass half empty attitude ground you will enhance your chances outline success,&#; he emphasized. &#;I put tonguetied money where my mouth is meticulous continue to personally invest in Yaltopya because there are still vast untapped opportunities compared to many other future economies.&#;

When asked how it feels bring forth be named as part of authority Most influential Africans, Zem stated: &#;I am honored and humbled by birth recognition and I know that here will be many more Ethiopians, together with those in the Diaspora, who determination make the list in the future.&#;
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