Mahama Sacks Minerals Income Fund CEO

Jan 14, 2025 - 11:58

Accra, Ghana - 14 Jan, 2025 - Ghana's President John Dramani Mahama has terminated the appointment of Edward Nana Yaw Koranteng as CEO of the Minerals Income and Investment Fund (MIIF), effective immediately.

A letter dated January 13, 2025, signed by the Secretary to the President, Callistus Mahama, informed Koranteng of the decision and directed him to hand over his duties to Dr. Cassiel Ato Baah Forson, the government's representative at the Ministry of Finance.

According to the letter from the office of thE President, Dr. Forson will oversee the operations of the Fund until a substantive CEO is appointed. The President expressed gratitude to Koranteng for his service to Ghana and acknowledged his contributions during his tenure.

“I write to formally inform you that H.E. John Dramani Mahama has revoked your appointment as the Chief Executive Officer of the Minerals Income and Investment Fund, effective immediately.

“You are directed to hand over your duties to the President’s representative at the Ministry of Finance. Hon. Dr. Ato Forson will oversee the operations of the Fund until a substantive Chief Executive Officer is appointed,'' portions of the letter read.

Find the letter below.