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First Female to Head World Trade Organisation

First Female to Head World Trade Organisation

Nigeria’s Ngozi Okonjo-Iweala was appointed as the first female and first African head of the beleaguered World Trade Organization, saying a stronger WTO would be vital for the global coronavirus recovery.

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The WTO’s 164 members unanimously selected the 66-year-old development economist to serve a four-year term as director general.

The appointment came after new United States President Joe Biden endorsed her candidacy, which had been blocked by former President Donald Trump.

Okonjo-Iweala, formerly Nigeria’s finance minister, had a 25-year career at the World Bank, where she rose to the number-two position of managing director. She holds both US and Nigerian citizenship.

The World Trade Organization is an international body that deals with the rules of trade between nations. At its heart are the WTO agreements, negotiated among the bulk of the world’s nations and ratified in their legislatures.

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