Dr. Ngozi Okonjo-Iweala served as Managing Director of The World Bank Group since December 1, 2007 until August 2011. Dr. Okonjo-Iweala, a Nigerian national, founded NOI-Gallup polls, an indigenous Nigerian opinion research organization, and co-founded the Makeda Fund – a fund to invest in African women entrepreneurs. She is a Distinguished Fellow of the Brookings Institution. She served as Finance Minister and subsequently Minister of Foreign Affairs of Nigeria from 2003-2006. As Finance Minister, She led Nigeria”s Economic Team responsible for implementing the Obasanjo administration’s far reaching economic and social reform agenda. The reforms made particular progress in restoring macroeconomic stability, tripling growth, initiating a strong fight against corruption, and increasing transparency.
Before taking up her Ministerial appointment, she served in a number of important positions at the World Bank including Vice President and Corporate Secretary, Director of Operations in the Middle East and North Africa region, and Country Director for the South East Asia and Mongolia Country unit. She joined the World Bank in 1982. She serves as a Director of World Resource Institute. She is a recipient of numerous awards and honors including Time Magazine European Hero 2004, Euromoney Magazine Global Finance Minister of the year 2005, Financial Times/The Banker African Finance Minister of the year 2005, This Day Nigeria Minister of the Year 2004, 2005, Honorary Doctorate of Laws from Colby College 2007, and Brown University 2006, Honorary Doctorate of Humane Letters, Northern Caribbean University, Jamaica.
She is a member or chair of numerous boards and advisory groups in the public, private and non-governmental sectors including DATA, the World Resources Institute, the Clinton Global Initiative, the Nelson Mandela Institution and the African Institutes of Science and Technology, the Mo Ibrahim Foundation Governance Prize Committee, Friends of the Global Fund Africa. She is also an adviser to the World Bank on the Stolen Assets Recovery (STAR) initiative, and served as a member of the Malan Committee on Bank-Fund collaboration. Dr. Okonjo-Iweala graduated with an A.B. magna cum laude in Economics from Harvard University, and holds a PhD in Regional Economics and Development from the Massachusetts Institute of Technology.
© 2014 – 2015, Newstime Africa. All rights reserved. – The views expressed here are purely those of the author and not necessarily those of the publishers. – Newstime Africa content cannot be reproduced in any form – electronic or print – without prior consent of the Publishers. Copyright infringement will be pursued and perpetrators prosecuted.
696,760 total views, 7 views today