Just In: Okonjo-Iweala emerges first female DG of WTO

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It is once again Nigeria’s day in the sun and on the global stage as former finance minister and a former managing director of the World Bank, Dr Ngozi Okonjo-Iweala, has emerged as the first female Director-General of the World Trade Organization (WTO).

Okonjo-Iweala emerged as the first African and the first female to attain the position of DG of WTO by defeating South Korea’s current trade Minister, Yoo Myung-hee, in a fierce battle for the coveted job on Monday night.

It was gathered that it was the support of China that finally made way for the Nigeria former finance minister.

News report said the WTO’s Ambassador Walker’s led General Council, would officially announce the choice of Nigeria’s former Finance Minister, Dr Okonjo-Iweala later on Tuesday.

Indeed, barring last-minute changes in the formal announcement, the Nigerian will step in the saddle ahead of the November 7, 2020 deadline to fill the vacancy created by Brazilian Roberto Azevedo who unexpectedly left WTO at the end of August, a year early.

Okonjo-Iweala, 66, served as Nigeria’s first female finance and later foreign minister, and has a 25-year career behind her as a development economist and international finance expert at the World Bank, eventually becoming its number two.

She is also on Twitter’s board of directors and is a special envoy for the World Health Organization’s COVID-19 fight.

Source: newdiplomatng.com

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