Commercial Nominees (CN) P.L.C
was established in 1965 by Commercial Bank of Ethiopia (CBE) and Construction and Business Bank (CBB)
Initially, the Company performed its tasks as an integral part of CBE
In that standing, it was mainly engaged in the businesses of share subscription agency, share registration and handling and administering of staff pension accounts of CBE and insurance brokerage.
CN began operating as an independent business entity after the Shareholders, in their ordinary meeting held on 29 July 1993, decided to re-organize and redefine its role on the basis of the recommendation of an ad-hoc committee established in 1991 in order to make detail studies of the company’s role and structure in light of the changing situations
Its business purpose redefined by shareholders in their general meeting in the year 1997.
In line with this business purpose, CN is thus currently engaged in outsourced employment services, compensation payment, salary payment services, asset management including real estate administration, provident fund/ trust fund administration, Agent Banking Service, Bazaar/Event Organizing, Cleaning and Disinfection Services
Company management, building buying and selling etc.