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President John Dramani Mahama has appointed Justina Nelson as the acting chief executive officer (CEO) of the Minerals Income Investment Fund (MIIF).
Her appointment, announced on Tuesday, January 14, 2025, takes immediate effect following the revocation of Edward Nana Yaw Koranteng’s appointment.
Justina Nelson, currently a group head at Zenith Bank with oversight of the energy and commercial banking sectors, brings a wealth of experience in mining and finance.
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She has held senior positions in both private and public institutions, making her a strategic choice to lead MIIF during this transitional period.
A statement from the Presidency highlighted the constitutional and legal basis for her appointment.
“The President, His Excellency John Dramani Mahama, has, in accordance with Article 195 (1) of the Constitution and Section 21 (2) of the Minerals Income Investment Fund (MIIF) Act, 2018 (Act 978), appointed Ms. Justina Nelson as the Acting Chief Executive Officer of the Minerals Income Investment Fund,” it read.
Nelson holds an impressive academic background, including a Master of Laws in Corporate and Commercial Law, a Master in Business Administration (Marketing), a Bachelor of Laws (Hons), and a Bachelor of Arts (Hons) in Management and Psychology.
Her appointment comes shortly after Edward Nana Yaw Koranteng’s tenure was abruptly ended. A letter dated January 13, 2025, and signed by Callistus Mahama, Secretary to the President, officially revoked Koranteng’s appointment.
He has been instructed to hand over to Dr. Cassiel Ato Baah Forson, a government representative at the Ministry of Finance, who will oversee the fund’s operations until a substantive CEO is appointed.
