Monday, September 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.

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...

Safaricom surpasses 15 million subscribers as it marks five years

Safaricom is marking five years since it received a...

Africa’s economic momentum is building as savings and cross-border trade activity accelerate

Rising savings, increasing cross-border payment activity and growing participation...

Experts urge sovereign AI models tailored to African realities

Researchers and leaders across Africa have been urged to...

Addis Ababa deploys digital monitoring Apps to track urban air quality

The Addis Ababa Transport Bureau has announced the deployment...

BRICS at 20: Diverse Strengths, Shared Growth

By Liu Yuanhui, CGTN The Driver's Cabin What do 20 years...

Ethiopia Boosts Drone Production to Fight Rebels

Ethiopia has been manufacturing drones at two factories since...

Hijacking Pirates Exploit Regional Chaos to Return to Seas off Somalia

The scourge of Somali piracy targeting cargo ships and...
spot_img

Related Articles

Popular Categories

spot_imgspot_img