An official revocation of Edward Nana Yaw Koranteng's appointment as the CEO of the Minerals Income and Investment Fund (MIIF) has been issued by Ghanaian President John Dramani Mahama.

The decision, which is effective immediately, was sent to the President in a letter signed by Secretary Callistus Mahama, Ph.D.

In the January 13, 2025, letter, Mr. Koranteng was instructed to transfer his responsibilities to Hon. Dr. Cassiel Ato Baah Forson, the President's envoy to the Ministry of Finance. Until a permanent CEO is found, Dr. Forson will function as the MIIF's chief executive officer.

"Your service to the nation is greatly appreciated by the President," the letter said.

In addition to President Mahama consolidating leadership across many institutions, this development contributes to the administration's reorganization efforts. The appointment of Dr. Forson as interim overseer implies that the fund's administration would continue to prioritize financial scrutiny.

In order to manage Ghana's mining royalties and make sure that the nation's investments are sustainable, the Minerals Income and Investment Fund is essential.


It is clear from this revocation that the administration intends to strengthen the fund's activities under the new management.

Source: MyNewsGh.com