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Ethiopia's Central Bank Sees Leadership Change Amid Economic Success

9/21/2025

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Summary

Story summary

Mamo Mihretu, Ethiopia's outgoing central bank governor, earned an “A-” in Global Finance’s Central Banker Report Cards 2025 before resigning on September 3, 2025, to pursue other interests.
Eyob Tekalign, former State Minister of Finance, has been appointed as the new governor, recognized for his role in economic reforms and debt restructuring.
Mamo's tenure included significant achievements, such as tripling foreign currency reserves and lowering inflation to a seven-year low.
Enatalem Meles has replaced Legesse Tulu as Head of the FDRE Government Communication Services.

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Story summary

Mamo Mihretu, Ethiopia's outgoing central bank governor, earned an “A-” in Global Finance’s Central Banker Report Cards 2025 before resigning on September 3, 2025, to pursue other interests.
Eyob Tekalign, former State Minister of Finance, has been appointed as the new governor, recognized for his role in economic reforms and debt restructuring.
Mamo's tenure included significant achievements, such as tripling foreign currency reserves and lowering inflation to a seven-year low.
Enatalem Meles has replaced Legesse Tulu as Head of the FDRE Government Communication Services.