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Central Bank Changes Guard as Mamo Miheretu Takes the Mantle

Jan 20 , 2023

Prime Minister Abiy Ahmed (PhD) has made a series of high-brass appointments, including Mamo Mihretu as the Governor of the National Bank of Ethiopia (NBE), replacing Yinager Dessie (PhD). Mamo worked for the World Bank before joining Abiy’s Administration as a senior adviser on policy reforms and chief trade negotiator. He has been a chief executive officer of the Ethiopian Investment Group, the country's first-ever sovereign fund management firm.

A lawyer by training, Mamo has more than 16 years of experience in logistics sector reforms. He studied leadership and economic development at the Kennedy School of Government at Harvard University in the United States. He attained his post-graduate studies in law at the Universities of Pretoria and Amsterdam.

Taye Atskeselassie, ambassador to the UN until a few weeks ago, has been appointed as the foreign policy advisor, and Daniel Kibret for social affairs.

The Prime Minister has also put forward ministerial nominees to Parliament, placing Habtamu Tegegn as the minister of Mines, Girma Amente (PhD) as minister of Agriculture, and Alemu Semie (PhD) as minister of Transport & Logistics. They replaced Takele Uma, Dagmawit Moges, and Umar Hussien, respectively.

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