Mamo Mihretu Resigns as Ethiopia’s Central Bank Boss After Reform-Heavy Tenure

Mamo Mihretu has resigned as Ethiopia’s central bank governor after 32 months of sweeping monetary and financial reforms...
✨ Key Highlights
Mamo Mihretu has resigned as Governor of the National Bank of Ethiopia (NBE) after a 32-month tenure marked by significant economic reforms. His leadership redefined Ethiopia’s monetary policy and financial regulation, including the introduction of a market-based exchange rate system.
- $10.5 billion in external financing was unlocked from the IMF, World Bank, and other lenders due to reforms.
- Mamo Mihretu, Governor of the National Bank of Ethiopia (NBE).
- Oversaw the floating of the birr in 2024 and strengthened the NBE's independence.
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Read the complete article from The Kenyan Wall Street