President John Dramani Mahama has revoked the appointment of Edward Nana Yaw Koranteng as Chief Executive Officer (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, communicated the revocation.
“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,” the letter stated.
Koranteng has been directed to hand over his duties to Dr. Cassiel Ato Baah Forson, the government’s representative at the Ministry of Finance. Dr. Forson will oversee the operations of the Fund until a substantive CEO is appointed.
“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 letter added.
The revocation letter acknowledged Koranteng’s service to Ghana, expressing gratitude on behalf of the President for his contributions during his tenure.