Ethiopian Central Bank Chief Resigns After Pulling Off Reforms

Ethiopia’s central bank governor quits

The NewsMamo Mihretu, the top lieutenant responsible for executing Prime Minister Abiy Ahmed’s ambitious economic reforms since 2018, is stepping down from his role as governor of Ethiopia’s central bank.The Harvard graduate who has led the National Bank of Ethiopia since 2023 has played a leading role in the reshaping of Ethiopia’s economy over the last seven years including roles as the country’s chief trade negotiator.with backing reforms inc…

Ethiopian Central Bank Chief Resigns After Pulling Off Reforms

National Bank of Ethiopia Governor Mamo Mihretu has resigned after serving in the role for 2 1/2 years during which he helped implement extensive reforms to overhaul the nation’s economy.

Mamo Mihretu exits Ethiopia’s Central Bank after Birr float and $10.5B deal

Mamo Mihretu has stepped down as governor of the National Bank of Ethiopia after two years in office. He confirmed his exit on Wednesday, saying he was leaving to “pursue other passions and tackle other challenges.” Prime Minister Abiy Ahmed appointed him in January 2023. Since then the bank floated the birr, adopted interest-rate policy, and opened the financial sector to foreign lenders. Mamo also negotiated $10.5 billion in financing from the…

Ethiopia: Central Bank Chief To Exit Government

By Enyichukwu Enemanna Ethiopia’s central bank chief has announced his departure from office after seven years of service in various high-profile economic roles, a move that came as a surprise to stakeholders in the government cycle and financial sector. Mamo Mihretu, who has been the Governor of the National Bank of Ethiopia (NBE) since January 2023, said he is leaving government to pursue other professional opportunities. He was appointed by P…

Ethiopia Central Bank Governor Resigns Amid Key Reforms - Capital Newspaper

The Governor of the National Bank of Ethiopia (NBE), Mamo Esmelelaem Mihretu, has resigned from his post after more than two and a half years in the role. Governor Mamo oversaw a period of significant financial reform, spearheading critical macroeconomic policies and the revision of key banking legislation, including the new NBE establishment and banking business proclamations. Financial experts suggest his departure may be linked to the newly e…

National Bank of Ethiopia Governor Mamo Mihretu Resigns | Ethiopian News: Trusted, In-Depth Analysis

By The Habesha News Desk September 1, 2025 The National Bank of Ethiopia (NBE) today announced the resignation of its Governor, Mamo Mihretu, who stepped down on August 28, 2025. Mr. Mihretu, who has led the institution through one of the most significant reform periods in its history, shared the news via his official social media account. In his statement, he expressed gratitude for the opportunity to serve and underscored the progress made und…