President John Dramani Mahama has revoked Edward Nana Yaw Koranteng’s appointment as the Chief Executive Officer (CEO) of the Minerals Income and Investment Fund (MIIF), effective immediately.
This decision was communicated in a letter from the president’s office to the MIIF CEO on Monday, January 13, 2025. The letter was signed by Dr. Callistus Mahama, the president’s secretary.
In the letter, it states: “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.”
The revocation letter was also copied to the Vice President, Professor Jane Naana Opoku-Agyemang; the Chief of Staff at the Office of the President, Julius Debrah; and Dr. Cassiel Ato Forson, the President’s representative at the Ministry of Finance.
Edward Nana Yaw Koranteng, a lawyer and investment banking expert with over 20 years of experience in the corporate sector, was appointed as the CEO of the MIIF by former President Akufo-Addo in September 2021. He succeeded Yaw Baah, a former Member of Parliament for Kumawu in the Ashanti Region, who had served as the CEO of the MIIF since 2019.
