Ngozi Okonjo-Iweala Emerges New Director General, World Trade Organization

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Nigeria’s former Minister of Finance, Dr. Ngozi Okonjo-Iweala has emerged the Director General, World Trade Organisation, WTO.

 

This has made her to become the first woman and African to head the global watchdog in its 25-year history.

 

In a keenly contested election, Okonjo-Iweala beat her rival, South Korean Yoo Myung hee, with a wide margin. She polled 104 votes from 164 member countries to defeat Myung Hee at the final stage of the race.

 

According to Reuters, a key group of WTO ambassadors has proposed Ngozi Okonjo-Iweala to lead the UN agency.

 

The recommendation of former World Bank managing director, was made by three WTO ambassadors, the so-called “troika”.

 

Okonjo-Iweala received widespread support from Africa and other continents before the election which took place today October 28.

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