Hibret Insurance held its Annual Management Consultative Meeting from 13–15 August 2026 in Addis Ababa, reviewing 2025/26 performance and developing a five-year strategic plan.
A Three-Day Gathering of Hibret Insurance Leadership
Addis Ababa — Hibret Insurance held its Annual Management Consultative Meeting (MCM) from 13–15 August 2026 in Addis Ababa.
The company's top leadership, including the CEO, Deputy CEOs, Department Heads, Head Office Division Managers and Branch Managers from across the country took part in the event.
Reviewing Past Performance
In her opening remark, the CEO, W/ro. Meseret Bezabeh, underscored that such an annual gathering is of paramount importance to look back at past performance so as to navigate the time ahead successfully. The consultative meeting reviewed the company's performance for the 2025/26 fiscal year, and underlined that commendable results were recorded in life and non-life insurance businesses, as well as the good performances of main work units of the company by exceeding their planned targets for the concluded budget year.
Planning for 2026/27 and Beyond
Looking forward, the company presented its business plan for the 2026/27 fiscal year. The upcoming year's plan will focus on primary achievement objectives as improvements in customer service, increasing the company's market share in the competitive insurance sector, establishing and enhancing integration and partnerships with other organizations and so forth.
Five-Year Strategic Plan (2027/28 – 2031/32)
The final phase of the consultative meeting was dedicated to the development of Hibret Insurance's five-year strategic plan for the period from 2027/28 – 2031/32. A brainstorming session was held by dividing branch managers into five syndicate groups who presented their inputs to the management which was to be considered during the strategic plan preparation.
The meeting that lasted for three days was concluded with the closing remarks of the Chief Executive Officer.
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