Sunday, April 5, 2026

PM Abiy removes Vice Governor of NBE

Yohannes Ayalew (PhD), Vice Governor and Chief Economist of the National Bank of Ethiopia, has been relieved of his position and relocated to another institute after a meeting with the new Prime Minister. The relocation took place after a meeting at the Office of the Prime minister of Wednesday May 30.
Some reports said that he has been appointed as executive director of the Ethiopian Development Research Institute (EDRI).
Yohannes was recently appointed by the Board of Directors of the African Trade Insurance Agency as their new Chairman.
Yohannes serves as Vice Governor and Chief Economist of Ethiopia’s Central Bank NBE for the last 28 years. He is also an Alternate Governor of the IMF and Alternate Steering Committee member of East AFRITAC.
He holds a Ph.D. in Economics from the University of Sussex, United Kingdom.

Hot this week

Production up, but the ‘cost’ variable weighs heavily

Production is up in 2021 for the Italian agricultural...

Luminos Fund’s catch-up education programs in Ethiopia recognized

The Luminos Fund has been named a top 10...

Well-planned cities essential for a resilient future in Africa concludes the World Urban Forum

The World Urban Forum (WUF) concluded today with a...

Private sector deemed key to unlocking AfCFTA potential

The private sector’s role is vital to fully unlock...

Ethiopia, China ink deal for RMB trade settlements

To strengthen Ethiopia's financial resilience and further enhance economic...

​NEBE Warns of Election Cancellations Over Voter Registration Coercion

The National Election Board of Ethiopia (NEBE) has issued...

Bank of China, AfDB review financing framework for Bishoftu Airport

The Ethiopian Airlines Group and the Ministry of Finance...

Container Shortage Reported Due to Maritime Transport Disruptions

The Ethiopian Maritime Authority (EMA) has announced a shortage...

Ethiopia’s MPC Holds Off on Lifting Credit Cap, Citing Global Uncertainty

The Monetary Policy Committee (MPC) of the National Bank...

Over 180,000 Metric Tons of Fuel Failed to Arrive Due to Conflict

Minister of Trade and Regional Integration (MoTRI) , Kassahun...

Ethiopia,China Reach Final Stage of Strategic Debt Restructuring Negotiations in Beijing

A high-level Ethiopian delegation, led by Finance Minister Ahmed...
spot_img

Related Articles

Popular Categories

spot_imgspot_img