Tuesday, July 14, 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.

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