History Maker...And Okonjo-Iweala Emerges First Female Director-General of World Trade Organisation

 


History Maker...And Okonjo-Iweala Emerges First Female Director-General of World Trade Organisation


Nigeria’s former Minister of Finance and a former Managing Director of the World Bank, Ngozi Okonjo-Iweala, has made history by emerging as the first female Director-General of World Trade Organisation (WTO).


Okonjo-Iweala emerged as the first African and the first female to attain the position of WTO Director-General.


She defeated South Korea’s current Minister of Trade, Yoo Myung-hee, in a fierce battle for the coveted job on Monday night.


News agencies reported that with the European Union and the United States moving in opposite direction, a move that triggered a deadlock between the two powerful geo-political allies for the first time in many years, it was the decisive and quiet support of China that finally tipped the scales in Okonjo-Iweala’s favour.


Okonjo-Iweala, 66, served as Nigeria’s first female Minister of Finance and later Foreign Affairs.


She has a 25-year career as a development economist and international finance expert at the World Bank.


The new WTO Director-General is also on Twitter’s Board of Directors and is a Special Envoy for the World Health Organisation’s COVID-19 fight.


Congratulations, Madam Ngozi Okonjo-Iweala!

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