South Sudan’s President Salva Kiir Mayardit has dismissed two senior deputy governors of the Bank of South Sudan (BoSS) with immediate effect, according to a presidential decree issued Monday.
The decree relieves Samuel Yanga Mikaya, First Deputy Governor responsible for policy and banking, and Rita Nyankir Akoon, Second Deputy Governor for administration and finance, of their duties.
In their places, President Kiir has appointed:
- Tong Akech Deng Aguong as First Deputy Governor for policy and banking
- Weituy Luony Baboth as Second Deputy Governor for administration and finance
The press release from the Ministry of Presidential Affairs states the changes take effect immediately.
It thanks the outgoing officials for their service and extends best wishes to the new appointees.
The Bank of South Sudan is the country’s central monetary authority, tasked with formulating and implementing monetary policy, issuing the South Sudanese pound (SSP), regulating commercial banks, supervising the financial system, and managing foreign exchange reserves.
The institution has grappled with severe economic headwinds in recent years, including persistent high inflation, sharp and repeated devaluations of the SSP, foreign currency shortages, and difficulties in stabilizing the exchange rate.
Leadership reshuffles at the central bank have become relatively frequent under President Kiir’s administration.
Senior management changes—including governors and deputy governors—have often been framed as part of broader efforts to strengthen institutional capacity, restore public and investor confidence, combat inflation, and improve overall economic management.
The latest dismissals and appointments come amid ongoing economic pressures and as the government prepares to implement the proposed 2025/26 national budget, which projects significant fiscal challenges including a large deficit and continued heavy reliance on oil revenues.
