Dr. Ngozi Okonjo-Iweala, the Nigerian former minister of finance has been confirmed as the next Director-General of the World Trade Organisation.
Making her the first woman and the first African to lead the international trade body. Her term is scheduled to start on March 1.
The term, which is renewable, will expire on August 31, 2025.
“This is a very significant moment for the WTO,” said General Council Chair David Walker of New Zealand who, together with co-facilitators Amb. Dacio Castillo (Honduras) and Amb. Harald Aspelund (Iceland) led the nine-month DG selection process.