Directives
pdf
March 25, 2026

SIB/63/2026 – REQUIREMENTS FOR PERSONS WITH SIGNIFICANT INFLUENCE IN AN INSURANCE COMPANY

Published
March 25, 2026
Category
Directives
First indexed
Source
nbe.gov.et/wp-content/uploads/2026/03/DIRECTIVE-NO.-SIB-63-2026-REQUIREMENTS-FOR-PERSONS-WITH-SIGNIFICANT-INFLUENCE-IN-AN-INSURANCE-COMPANY-.pdf

Summary

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The document outlines the requirements for persons with significant influence in an insurance company in Ethiopia, as per Directive No. SIB/63/2026 issued by the National Bank of Ethiopia. The directive sets out fit and proper criteria, including knowledge, experience, age, integrity, and financial soundness, that must be met by directors, chief executive officers, senior executive officers, and influential shareholders of insurance companies.

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