Head of Ethiopian Investment Commission Resigns

ADDIS ABABA – Commissioner Abebe Abebayeh has announced on Tuesday his resignation from the top post at the Ethiopian Investment Commission (EIC). 

In a letter he posted on his twitter page, Abebe said he left his position for “purely personal reasons”. He has served his country as a legal advisor to the PM Office and then, Commissioner of the Ethiopian Investment Commission (EIC) over the past five years.

“I leave the public service, with a heavy heart, for purely personal reasons,” he said.

He expressed his gratitude to prime minister Abiy Ahmed who, he said, placed confidence on him to serve the country first as a legal advisor and later as investment commissioner.

Abebe appointed by Prime Minister Abiy Ahmed to serve the Ethiopian Investment Commission more than a year ago, replacing Fitsum Arega, who is currently serving as top envoy to the government in the United States.

The head of EIC said he and his colleague’s “selfless service to our country largely explains all the encouraging news about our ability to attract and retain good quality foreign investment”.

Abebe, who has two young children, said the next phase of life is to be a “better husband and father”.