FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers New TRADE AFRICA New

Fortune Logo

Two federal offices of the highest stature saw newly appointed young leaders installed last week. Parliament has approved in two-thirds of the votes the appointment of a chief and deputy justices for the Supreme Court, while Prime Minister Abiy Ahmed (PhD) appointed a Governor for the National Bank of Ethiopia (NBE).

Tewodros Mihret, former assistant professor at the Law Department of Addis Abeba University, replaced Meaza Ashenafi as chief justice. Abeba Embialen, a former judge at the Federal High Court, was voted to serve as a deputy chief justice. Tewodros replaced Meaza Ashenafi, the first woman to claim the office beginning in 2018. Abeba took the vice president’s office over from Solomon Areda.


The Federal Supreme Court is the highest judicial body with administrative power over lowers courts. The Chief Justice chairs the Constitutional Inquiry Council, a vital federal institution that vets and recommends constitutional disputes to the House of Federation.

Tewodros is the sixth chief justice - since the constitution was ratified in the mid-1990s – of the Supreme Court, which exercises the power of cassation through a panel of five justices, rulings over litigations, including those within the states’ jurisdictions. The panel’s ruling creates a precedent that is binding for lower courts.



Last week also saw the appointments of a series of senior officials for various executive branches, including Mamo Mihretu as the governor of the National Bank of Ethiopia (NBE). He replaced Yinager Dessie (PhD), serving since 2018.

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 Ethiopia’s Investment Holdings, 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.


PUBLISHED ON Jan 21,2023 [ VOL 23 , NO 1186]

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.



Related Posts

Editors' Pick

Exclusive Interviews

State Enterprises from Oracles to Apprentices

Dec 22 , 2024 . By TIZITA SHEWAFERAW

Charged with transforming colossal state-owned enterprises into modern and competitiv...

Agenda

Rising Costs, Inflation Threaten Insurance Industry

Aug 18 , 2024 . By AKSAH ITALO

Although predictable Yonas Zerihun's job in the ride-hailing service is not immune to...

Agenda

BREWING DISCONTENT

Jul 28 , 2024 . By TIZITA SHEWAFERAW

Unhabitual, perhaps too many, Samuel Gebreyohannes, 38, used to occasionally enjoy a couple of beers at breakfast. However, he recently swit...

Fortune News

Electric Vehicle Push Leaves Investors in the Lurch

Jul 13 , 2024 . By AKSAH ITALO

Investors who rely on tractors, trucks, and field vehicles for commuting, transporting commodities, and f...

Commentaries

Tariffs Protectionism's False Promises

The world economy awaits with dread the arrival of Donald Trump's trade tariffs. Trum...

Can Building Public Tech Infrastructure Turn to Dystopian Dangers?

In recent years, the concept of Digital Public Infrastructure (DPI) has gained consid...

Fineline

Leaders of the National . . .

Leaders of the National Election Board are in a charm offensive mood, of a sort. Last week, they organised a rare tour for members of the me...

When the country’s most. . .

When the country's most senior diplomats and envoys return back to their posts after two-week debriefings, they leave behind a point or two...

Editorial

Banks Struggle to Lend as Branches Bloom, Coffers Wither

A severe cash shortage squeezes the economy, and the deposit-to-loan ratio has slumpe...

The Year That Falls Short in Lofty Ambitions, Brittle Realities

Jan 4 , 2025

Time seldom passes without prompting reflection, and the dawn of 2025 should nudge Et...

The Bureaucrats Turn to Masters of Misrule, Architects of Uncertainty

Dec 28 , 2024

On a flight between Juba and Addis Abeba, Stefan Dercon, a professor of economic poli...

Addis Abeba's Gleaming Facade Masks a Parched Metropolis

Dec 21 , 2024

The main avenues and thoroughfares of Addis Abeba have undergone an impressive faceli...

Gallery

Parliament Approves New Cabinet Members

Oct 6 , 2021

Parliament Approves New Cabinet, Incorporates Opposition Leaders Lawmakers have approved today the nominations of 22 ministers, including three opposition leaders. Two MPs have voted against, while 12 abstained...

2020 in Posterity

Jan 5 , 2021

TIGRAY VOTES DESPITE "NULL & VOID" THREAT

Sep 9 , 2020

IN-PICTURE: LAUREATE'S RECEPTION  

Dec 14 , 2019

PM Abiy Ahmed (PhD) at a Gala Dinner Called for the Awarding of the Félix Houphouët-Boigny Peace Prize

May 6 , 2019

Faces, Voices of Addis Abeba

Apr 26 , 2019

Sunday With Eden

Pride Overpowers Empathy, Civility

Last weekend, my family and I set out for a simple visit to relatives in the Old Airport neighbourhood. What should have been a routine trip...

A Brief Encounter Turned to a Lifetime of Inspiration

Reading about Jimmy Carter, the 39th President of the United States, left a lasting impact on me in law s...

Life Matters

The Burden of Beauty, Pressure for Perfection

Ethiopia's kaleidoscope of skin tones reflects its rich diversity. Complexion varies not just between ind...

Raising Children Takes a Village

Parenting is a journey, filled with unexpected challenges and moments of reckoning. Recently, I found myself confronting a dilemma that test...