A former Nigerian Minister of Finance and coordinating minister of the Economy, Dr Ngozi Okonjo-Iweala has been chosen as Director-General of the World Trade Organisation (WTO). Ms Okonjo-Iweala will assume office on 1 March 2021 and will become the first woman and the first African to be chosen as Director-General. Her term, renewable, will expire
Nigeria’s former Finance Minister, Ngozi Okonjo-Iweala on Monday was confirmed as the next Director-General of the World Trade Organisation.
She is the first woman and the first African to lead the international trade body.
Her term is scheduled to start on March 1.
The term, which is renewable, will expire on August 31, 2025.
“This is a very significant moment for the WTO,” said General Council Chair David Walker of New Zealand who, together with co-facilitators Amb. Dacio Castillo (Honduras) and Amb. Harald Aspelund (Iceland) led the nine-month DG selection process.
“On behalf of the General Council, I extend our warmest congratulations to Dr Ngozi Okonjo-Iweala on her appointment as the WTO’s next Director-General and formally welcome her to this General Council meeting.
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