President John Dramani Mahama has revoked the appointment of Edward Nana Yaw Koranteng as the Chief Executive Officer of the Minerals Income and Investment Fund, effective Tuesday, January 14, 2025.

The decision was verified by a statement from the President's office, which was signed by Callistus Mahama, the Secretary to the President.

The announcement states that Mr. Koranteng must turn over his responsibilities to the President's envoy to the Ministry of Finance, Dr. Cassiel Ato Forson. Until a new chief executive officer is chosen, Dr. Forson will manage the fund's activities.

According to the statement, "I am writing to formally notify you that, with immediate effect, H.E. John Dramani Mahama has revoked your appointment as the Chief Executive Officer of the Minerals Income and Investment Fund.

The President's delegate in the Ministry of Finance is to take up your responsibilities. Until a permanent CEO is found, Hon. Dr. Ato Forson will be in charge of the Fund's activities. The President wants to thank you for your service to the country.