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Originally published by The Kenyan Wall Street
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September 4, 2025
1d ago

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

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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