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Ethiopian governor resigns

Mihretu to leave central bank following two years characterised by major economic reforms

Mamo Mihretu, National Bank of Ethiopia
Mamo Mihretu, National Bank of Ethiopia

Mamo Mihretu has resigned as governor of Ethiopia’s central bank.

In a post yesterday (September 3) on social media, Mihretu said he was leaving public service after seven years to “pursue other passions and tackle other challenges”.

During his two and a half years as head of the National Bank of Ethiopia (NBE), Mihretu oversaw a series of major economic reforms.

In July 2024, the NBE launched a new monetary policy framework as it sought to meet the conditions set by the International Monetary Fund

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