Ngozi Okonjo-Iweala is a Nigerian economist and international development expert. She has served as the Finance Minister and later as the Foreign Minister of Nigeria. Okonjo-Iweala also held a top position at the World Bank for many years. In 2021, she became the Director-General of the World Trade Organization, making history as the first woman and first African to hold the position.
|13 June 1954
|Director-General of the World Trade Organization
|First woman and first African to lead the World Trade Organization as Director-General
|Danone, Standard Chartered Bank, MINDS: Mandela Institute for Development Studies, Carnegie Endowment for International Peace, Georgetown Institute for Women, Peace and Security, One Campaign, GAVI: Global Alliance for Vaccines and Immunization, Rockefeller Foundation, R4D: Results for Development, ARC: African Risk Capacity, Earthshot Prize, and others
|Euromoney Global Finance Minister of the Year (2005)
Ngozi Okonjo-Iweala was born on June 13, 1954, in Ogwashi-Ukwu, Nigeria. She was raised in a highly educated family, with her father being a professor, and her mother a renowned sociologist and the first female professor in Nigeria. Okonjo-Iweala spent her early years in Nigeria before moving to the United States for her education. She attended Harvard University, where she earned her Bachelor’s degree in Economics. Later, she pursued her postgraduate studies at the Massachusetts Institute of Technology, obtaining a Ph.D. in Regional Economics and Development. Her early exposure to academia and her international education laid the foundation for her impactful career in global economics and finance.
|Chukwuka Okonjo was the king of the Ogwashi-Uku, Delta State, Nigeria, and a professor of economics. He served as the Obi (King) from 2007 until his death in 2019.
|Kamene Okonjo was the queen of the Ogwashi-Uku, Delta State, Nigeria. She was a prominent academic and the founder of the Green Institute (an environmental organization) in Nigeria.
|Onyema Okonjo is Ngozi Okonjo-Iweala’s brother and a medical doctor who has been actively involved in philanthropy and healthcare initiatives in Nigeria.
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Career, Achievements And Controversies
Ngozi Okonjo-Iweala became famous for her remarkable career as a Nigerian economist and international development expert. She gained widespread recognition for her work in various high-level positions at international organizations, including her role as the Director-General of the World Trade Organization (WTO).
Okonjo-Iweala began her career at the World Bank, where she held several key positions, including Vice President and Corporate Secretary. She later served as the Finance Minister of Nigeria and coordinated the country’s economic reform program, which helped to stabilize the economy and promote sustainable growth. Her advocacy for transparency and good governance in Nigeria also garnered attention and praise.
Throughout her career, Okonjo-Iweala has received numerous awards and honors for her contributions to the field of economics and development. Some of her notable awards include the Time 100 list of the world’s most influential people, the David Rockefeller Bridging Leadership Award, and the Transparency International Integrity Award.
Despite her esteemed reputation, Okonjo-Iweala has not been without controversy. One of the most notable controversies surrounded her tenure as the Finance Minister of Nigeria, during which she faced criticism and allegations of mismanagement of the country’s finances. However, she vehemently denied these claims and continued to pursue her economic reform agenda for Nigeria.
Ngozi Okonjo-Iweala is a Nigerian economist, former Finance Minister of Nigeria, and former Managing Director of the World Bank. She is known for her efforts in economic reforms, transparency, and accountability.
Ngozi Okonjo-Iweala served as the Managing Director of the World Bank from 2007 to 2011. She is also a former chair of the board of Gavi, the Vaccine Alliance, and served as a senior advisor at Lazard, a financial advisory, and asset management firm.
Yes, Ngozi Okonjo-Iweala has received numerous awards and recognitions, including being listed as one of the 50 Greatest World Leaders by Fortune in 2015, as well as being named one of the Top 100 Global Thinkers by Foreign Policy magazine in 2011.
Ngozi Okonjo-Iweala has been a leading voice for transparency and accountability in economic management. She has also been a strong advocate for gender equality and inclusive growth in developing countries.