President John Mahama has terminated the appointment of Edward Nana Yaw Koranteng as the Chief Executive Officer (CEO) of the Minerals Income and Investment Fund (MIIF).
The decision was communicated in a letter signed by the Executive Secretary to the President, Dr. Callistus Mahama.
The letter acknowledged Yaw Koranteng’s service to Ghana, expressing gratitude on behalf of the President for his contributions during his time in office.
It also revealed that Dr. Cassiel Ato Forson, the Finance Minister-designate, has been assigned to manage the fund in the interim until a new CEO is appointed.
As part of the transition, Mr. Koranteng has been instructed to hand over his responsibilities to Dr. Forson.
Mr. Koranteng was appointed CEO of the Minerals Income and Investment Fund in March 2021.
The Minerals Income Investment Fund (MIIF) is a sovereign minerals fund mandated by the Minerals Income Investment Fund Act, 978 (as amended) to maximize the value of dividend and royalties income accruing to the Republic of Ghana in a beneficial, accountable and sustainable manner.
Below is the letter
