← Erudite Africa Center of ExcellenceGeneral CoursesSchool of Professional SkillsFoundational
Corporate Governance and Ethics
How Ethiopian boards and managers should govern, and how every staff member handles everyday ethical dilemmas
Learn who directs and checks an Ethiopian bank or company under SBB/91/2024, SBB/89/2024, SBB/88/2024, the Commercial Code and capital market rules, then work through four real-life dilemma cards on loans, gifts, data and kickbacks.
Start the course
0 of 5 modules completed
What you will be able to do
- Explain the roles of shareholders, the board, management, auditors and regulators
- Describe the main governance requirements for Ethiopian banks and listed companies
- Apply the code of conduct to common dilemmas: gifts, conflicts of interest, confidentiality and whistleblowing
- Recognize corruption risks in lending and procurement and report them through safe channels
- For
- All staff of Ethiopian banks, microfinance institutions, insurers and companies (for the ethics modules), and managers, company secretaries and new directors (for the governance modules). No prerequisites.
- Study time
- About 5 hours online, in 5 modules (16 hours in the classroom version)
- Each module
- Short lessons, animated visuals, Ethiopian examples, decisions to make, the laws and directives that apply and worked calculations, then a quiz
- Assessment
- A 20-question final exam; pass mark 70%
- Certificate
- Erudite Africa Center of Excellence certificate of completion
- Access
- Module 1 free for registered users; the full course, exam and certificate for subscribers
The 5 modules
- Module 01Free previewWhat corporate governance isUnderstand why someone must watch the people who run a company, who those watchers are, and why governance failures hurt Ethiopian banks so badly.6 lessons · 50 min · quiz
- Module 02Governance structuresWalk through the general meeting, the board and its committees, the CEO, the company secretary and the auditors, and see how they fit together in an Ethiopian bank.6 lessons · 60 min · quiz
- Module 03Ethiopian governance requirementsApply the main Ethiopian rules: SBB/91/2024 and SBB/89/2024 for banks, the related party limits of SBB/88/2024, directors' duties under the Commercial Code, and listed company rules under the Capital Market Proclamation.6 lessons · 70 min · quiz
- Module 04Ethics in daily workUse the code of conduct to handle conflicts of interest, gifts and hospitality in the Ethiopian setting, confidentiality and inside information, through three of Bank A's dilemma cards.6 lessons · 60 min · quiz
- Module 05Anti-corruption, whistleblowing and the dilemma cardsRecognize bribery and kickbacks in lending and procurement, link corruption to money laundering, use safe reporting channels, and work through all four of Bank A's dilemma cards with a board-level governance check.6 lessons · 60 min · quiz
- Officer simulationA month as governance and ethics officer at Bank A head officeWork as governance and ethics officer: 11 real-life items, decisions with consequences and a hand-over note. Pass with 70% to qualify for the certificate.
- Final examFinal exam and certificate20 applied questions across all 5 modules. Pass with 70% to download your certificate.
Built on
- Erudite Africa training module: Ethiopian Context, topic 4.a Corporate Governance and Ethics, Level 1 Beginner (October 2026)
- NBE directives as listed in the lessons: SBB/87/2024, SBB/88/2024, SBB/89/2024 and SBB/91/2024
- Commercial Code of Ethiopia; Capital Market Proclamation No. 1248/2021; Banking Business Proclamation No. 1360/2025; NBE Proclamation No. 1359/2025
- ECMA Directive No. 980/2024 on capital market service providers
- A commercial bank's Revised Credit Procedure Manual (August 2025), unnamed
- G20/OECD Principles of Corporate Governance and the Basel Committee's corporate governance principles for banks
Examples and organizations are fictional. Apply your own organization's approved policies.