“A strong WTO is vital if we are to recover fully and rapidly from the devastation wrought by the Covid-19 pandemic.”
“Our organisation faces a great many challenges but working together we can collectively make the WTO stronger, more agile and better adapted to the realities of today.”
“I look forward to working with members to shape and implement the policy responses we need to get the global economy going again.
These are the expressions of the WTO Director General, the Naijapremiumgist’s PERSONALITY OF THE MONTH.
LIFE AND FAMILY
Okonjo-Iweala was born in Ogwashi-Ukwu, Delta State, Nigeria, where her father Professor Chukwuka Okonjo was the Obi (King) from the Obahai Royal Family of Ogwashi-Ukwu.
Okonjo-Iweala was educated at Queen’s School, Enugu, St. Anne’s School, Molete, Ibadan, and the International School Ibadan. She arrived in the US in 1973 as a teenager to study at Harvard University, graduating magna cum laude with an AB in Economics in 1976.
In 1981, she earned her PhD in regional economics and development from the Massachusetts Institute of Technology with a thesis titled Credit policy, rural financial markets, and Nigeria’s agricultural development.
She is married to Dr. Ikemba Iweala, a neurosurgeon. They have four children and three grandchildren
She received an international fellowship from the American Association of University Women (AAUW), that supported her doctoral studies.
CAREER
Dr. Okonjo-Iweala served twice as Nigeria’s Finance Minister, from 2003-2006, 2011-2015, and briefly Foreign Minister in 2006, the first woman to hold both positions.
During her 25 years at the World Bank, she is credited with spearheading several initiatives to assist low-income countries, in particular raising nearly $50bn in 2010 from donors for the International Development Association (IDA), the World Bank’s fund for the poorest countries.
Dr Ngozi Okonjo-Iweala a global finance expert, is an economist and international development professional with over 30 years of experience working in Asia, Africa, Europe and Latin America. Currently, Dr Okonjo-Iweala is Chair of the Board of Gavi, the Global Alliance for Vaccines and Immunisation.
Since its creation in 2000, Gavi has immunized 680 million children globally and saved ten million lives. She is also a Senior Adviser at Lazard and sits on the Boards of Standard Chartered PLC and Twitter Inc.
HONOURS AND ENLISTMENTS
Dr Okonjo-Iweala has been listed as:
- One of Transparency International’s 8 Female Anti-Corruption Fighters Who Inspire (2019)
- One the 50 Greatest World Leaders (Fortune, 2015)
- Top 100 Most Influential People in the World (TIME, 2014)
- Top 100 Global Thinkers (Foreign Policy, 2011 and 2012)
- Top 100 Most Powerful Women in the World (Forbes, 2011, 2012, 2013 and 2014)
- Top 3 Most Powerful Women in Africa (Forbes, 2012)
- Top 10 Most Influential Women in Africa (Forbes, 2011)
- Top 100 Women in the World (The UK Guardian, 2011)
- Top 150 Women in the World (Newsweek, 2011)
- Top 100 most inspiring people in the World Delivering for Girls and Women (Women Deliver, 2011).
She has also been listed among 73 “brilliant” business influencers in the world by Condé Nast International.
In 2019, Dr Okonjo-Iweala was elected to the American Academy of Arts and Sciences.
In 2017, she received the Madeleine K. Albright Global Development Award from the Aspen Institute, the Women’s Economic Empowerment Award from WEConnect International, and the Vanguard Award from Howard University.
In 2016, she received the Power with Purpose Award from the Devex Development Communications Network and the Global Fairness Award from the Global Fairness Initiative in recognition of her contribution to sustainable development.
She was also conferred High National Honours from the Republic of Cote d’Ivoire and the Republic of Liberia.
She is also the recipient of Nigeria’s third highest National Honors Commander of the Federal Republic (CFR).
In addition, Dr Okonjo-Iweala has been awarded the David Rockefeller Bridging Leadership Award (2014), the President of the Italian Republic Gold Medal by the Pia Manzu Centre (2011), the Global Leadership Award by the Chicago Council on Global Affairs (2011) the Global Leadership Award by the Columbia University School of International and Public Affairs (2010), and the Bishop John T. Walker Distinguished Humanitarian Service Award (2010).
She is also the recipient of the TIME Magazine’s European Heroes Award in 2004, named Finance Minister of the Year (Africa InvestorMagazine, 2014), Finance Minister of the Year for Africa and the Middle East (THE BANKER, 2004), Global Finance Minister of the Year (EUROMONEY, 2005), Finance Minister of the Year for Africa and the Middle East (Emerging Markets Magazine, 2005), and Minister of the Year (THISDAY, Newspaper2004 and 2005).
Dr Okonjo-Iweala is the founder of Nigeria’s first ever indigenous opinion-research organization, NOI-Polls. She also founded the Center for the Study of Economies of Africa (C-SEA), a development research think tank based in Abuja, Nigeria. Dr Okonjo-Iweala is a Distinguished Visiting Fellow at the Center for Global Development, and also at the Brookings Institution, premier Washington D.C. think tanks.
She has received honorary degrees from 15 universities worldwide, including some from the most prestigious colleges: Yale University, the University of Pennsylvania, Brown University, Trinity College (University of Dublin), Amherst College, Colby College, Tel Aviv University, and Northern Caribbean University, Jamaica. She also has honorary doctorate degrees from a host of Nigerian universities including Abia State University, Delta State University, Oduduwa University, Babcock University, and the Universities of Port Harcourt, Calabar, and Ife (Obafemi Awolowo).
She is the author of numerous articles and several books, including Fighting Corruption is Dangerous: The Story Behind the Headlines (MIT Press, 2018), Reforming the UnReformable: Lessons from Nigeria, (MIT Press, 2012), Mobilizing Finance for Education in the Commonwealth (Commonwealth Education Report 2019), Shine a Light on the Gaps – an essay on financial inclusion for African Small Holder Farmers (Foreign Affairs, 2015), Funding the SDGs: Licit and Illicit Financial Flows from Developing Countries (Horizons Magazine, 2016), and The Debt Trap in Nigeria: Towards a Sustainable Debt Strategy (Africa World Press, 2003). She also co-authored with Tijan Sallah the book Chinua Achebe: Teacher of Light (Africa World Press, 2003).
Okonjo-Iweala will take up her new post as the DG of WTO on March 1st 2021 and her term, which is renewable, will run until August 31, 2025.
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