Ngozi Okonjo-Iweala
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Ngozi Okonjo-Iweala (; born 13 June 1954) is a Nigerian economist, who has been serving as the
Director-General A director general, general director or director-general (plural: ''directors general'', ''general directors'', ''directors-general'', ''director generals'' or ''director-generals'') is a senior executive officer, often the chief executive officer ...
of the
World Trade Organization The World Trade Organization (WTO) is an intergovernmental organization headquartered in Geneva, Switzerland that regulates and facilitates international trade. Governments use the organization to establish, revise, and enforce the rules that g ...
since March 2021. She is the first woman and first African to lead the World Trade Organization as director-general. She was previously on the boards of
Danone Danone S.A. () is a French multinational corporation, multinational food-products corporation based in Paris. It was founded in 1919 in Barcelona, Barcelona, Spain. It is listed on Euronext Paris, where it is a component of the CAC 40 stock mark ...
,
Standard Chartered Bank Standard Chartered PLC is a British multinational bank with operations in wealth management, Wholesale banking, corporate and investment banking, and treasury services. Despite being headquartered in the United Kingdom, it does not conduct retai ...
, MINDS: Mandela Institute for Development Studies,
Carnegie Endowment for International Peace The Carnegie Endowment for International Peace (CEIP) is a nonpartisan international affairs think tank headquartered in Washington, D.C., with operations in Europe, South Asia, East Asia, and the Middle East, as well as the United States. Foun ...
, Georgetown Institute for Women, Peace and Security, One Campaign, GAVI: Global Alliance for Vaccines and Immunization,
Rockefeller Foundation The Rockefeller Foundation is an American private foundation and philanthropic medical research and arts funding organization based at 420 Fifth Avenue, New York City. The foundation was created by Standard Oil magnate John D. Rockefeller (" ...
, R4D: Results for Development, ARC: African Risk Capacity and Earthshot Prize plus others. She also previously sat on the
Twitter Twitter, officially known as X since 2023, is an American microblogging and social networking service. It is one of the world's largest social media platforms and one of the most-visited websites. Users can share short text messages, image ...
Board of Directors, and stepped down in February 2021 in connection with her appointment as director-general of the World Trade Organization. Okonjo-Iweala serves at the
Brookings Institution The Brookings Institution, often stylized as Brookings, is an American think tank that conducts research and education in the social sciences, primarily in economics (and tax policy), metropolitan policy, governance, foreign policy, global econo ...
as a non-resident distinguished fellow with the
Africa Africa is the world's second-largest and second-most populous continent after Asia. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 20% of Earth's land area and 6% of its total surfac ...
Growth Initiative in their Global Economy and Development Program. She is a Commissioner Emeritus and Co-Chair of Global Commission on the Economy and Climate. At The
World Bank The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development ...
, she had a 25-year career as a development economist; rising to become Managing Director for Operations from 2007 to 2011. Okonjo-Iweala was the first Nigerian woman to serve two terms as Finance Minister of Nigeria; initially, under President
Olusegun Obasanjo Chief Olusegun Matthew Okikiola Ogunboye Aremu Obasanjo (; ; born 5 March 1937) is a Nigerian former army general, politician and statesman who served as Nigeria's head of state from 1976 to 1979 and later as its president from 1999 to 200 ...
from 2003 to 2006; and secondly, under President Goodluck Jonathan from 2011 to 2015. Subsequently, from June to August 2006, she served as Minister for Foreign Affairs of Nigeria. In 2005, ''
Euromoney ''Euromoney'' is an English-language monthly magazine focused on business and finance. First published in 1969, it is the flagship production of Euromoney Institutional Investor plc. History and profile ''Euromoney'' was first published in 19 ...
'' named her Global Finance Minister of the Year.


Early life and education

Okonjo-Iweala was born in Ogwashi-Ukwu,
Delta State Delta is a States of Nigeria, state in the South South (Nigeria), South-South geopolitical zone of Nigeria. Named after the Niger Delta—a large part of which is in the state—the state was formed from the former Bendel State, on 27 August 1 ...
, Nigeria, where her father, Professor Chukwuka Okonjo, was the Obi (king) of the Obahai royal family of Ogwashi-Ukwu in Nigeria. She briefly attended Queen's School, Enugu; she was later relocated to live and to further her education in St. Anne's School, Molete,
Ibadan Ibadan (, ; ) is the Capital city, capital and most populous city of Oyo State, in Nigeria. It is the List of Nigerian cities by population, third-largest city by population in Nigeria after Lagos and Kano (city), Kano, with a total populatio ...
, Oyo State; and also attended the International School, Ibadan, in Oyo State. In 1973 she moved to the United States to study at
Harvard University Harvard University is a Private university, private Ivy League research university in Cambridge, Massachusetts, United States. Founded in 1636 and named for its first benefactor, the History of the Puritans in North America, Puritan clergyma ...
and graduated with an AB in
economics Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interac ...
in 1976. She earned a master's degree in city planning in 1978 and obtained her PhD in regional economics and development in 1981 from the
Massachusetts Institute of Technology The Massachusetts Institute of Technology (MIT) is a Private university, private research university in Cambridge, Massachusetts, United States. Established in 1861, MIT has played a significant role in the development of many areas of moder ...
with the thesis ''Credit policy, rural financial markets, and Nigeria's agricultural development''. She received an international fellowship from the
American Association of University Women The American Association of University Women (AAUW), officially founded in 1881, is a non-profit organization that advances Justice, equity for women and girls through advocacy, education, and research. The organization has a nationwide Social net ...
(AAUW), which supported her doctoral studies.


Career


World Bank

Okonjo-Iweala had a 25-year career at the
World Bank The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development ...
in Washington, D.C., as a development economist and rose to the No. 2 position of Managing Director, Operations. As Managing Director, she had oversight responsibility for the
World Bank The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development ...
’s $81 billion operational portfolio in Africa,
South Asia South Asia is the southern Subregion#Asia, subregion of Asia that is defined in both geographical and Ethnicity, ethnic-Culture, cultural terms. South Asia, with a population of 2.04 billion, contains a quarter (25%) of the world's populatio ...
,
Europe Europe is a continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere. It is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, the Mediterranean Sea to the south, and Asia to the east ...
, and Central Asia. Okonjo-Iweala spearheaded several World Bank initiatives to assist low-income countries during the 2008–2009 food crises and later during the financial crisis. In 2010, she chaired the IDA replenishment, the World Bank’s successful drive to raise $49.3 billion in grants and low-interest credit for the world's poorest country. During her time at the World Bank, she was also a member of the Commission on Effective Development Cooperation with Africa, which was set up by Danish Prime Minister Anders Fogh Rasmussen and held meetings between April and October 2008.


In government

Okonjo-Iweala served twice as Nigeria's Finance Minister (2003–2006 and 2011–2015) and briefly acted as
Foreign Minister In many countries, the ministry of foreign affairs (abbreviated as MFA or MOFA) is the highest government department exclusively or primarily responsible for the state's foreign policy and relations, diplomacy, bilateral, and multilateral r ...
in 2006. She was the first woman to hold both positions. During her first tenure as Finance Minister in the administration of President
Olusegun Obasanjo Chief Olusegun Matthew Okikiola Ogunboye Aremu Obasanjo (; ; born 5 March 1937) is a Nigerian former army general, politician and statesman who served as Nigeria's head of state from 1976 to 1979 and later as its president from 1999 to 200 ...
, she spearheaded negotiations with the Paris Club that led to the elimination of US$30 billion of Nigeria's debt, including the outright cancellation of US$18 billion. In 2003, she led efforts to improve Nigeria’s
macroeconomic Macroeconomics is a branch of economics that deals with the performance, structure, behavior, and decision-making of an economy as a whole. This includes regional, national, and global economies. Macroeconomists study topics such as output/ GDP ...
management including the implementation of an oil-price based fiscal rule. Revenues accruing above a reference benchmark oil price were saved in a special account, the "Excess Crude Account," which helped to reduce macroeconomic volatility. Okonjo-Iweala was also instrumental in helping Nigeria obtain its first ever sovereign credit rating (of BB minus) from
Fitch Ratings Fitch Ratings Inc. is an American credit rating agency. It is one of the three nationally recognized statistical rating organizations (NRSRO) designated by the U.S. Securities and Exchange Commission and is considered as being one of the " Bi ...
and Standard & Poor’s in 2006. She also introduced the practice of publishing the federal, state, and local government shares of revenue from the country’s federal account. That action went a long way in increasing transparency in governance at all levels of government, particularly the sub-national level. After her first term as Finance Minister, she served two months as
Minister of Foreign Affairs In many countries, the ministry of foreign affairs (abbreviated as MFA or MOFA) is the highest government department exclusively or primarily responsible for the state's foreign policy and foreign relations, relations, diplomacy, bilateralism, ...
in 2006. She returned to the World Bank as a Managing Director in December 2007. In 2011, Okonjo-Iweala was re-appointed as Minister of Finance in Nigeria with the expanded portfolio of the Coordinating Minister for the Economy by President Goodluck Jonathan. During her second tenure as Finance Minister, Dr Okonjo-Iweala led reforms to enhance transparency of government accounts and strengthened institutions against corruption, including the implementation of the GIFMS (Government Integrated Financial Management System), the IPPMS (Integrated Personnel and Payroll Management System), and the TSA (Treasury Single Accounts). As of February 2015, the IPPIS platform had eliminated 62,893 ghost workers from the system and saved the government about $1.25 billion in the process. Her legacy includes strengthening the country's public financial systems and stimulating the housing sector with the establishment of the Nigerian Mortgage Refinance Corporation (NMRC) in 2013. Under her leadership, the National Bureau of Statistics carried out a re-basing exercise of the
Gross Domestic Product Gross domestic product (GDP) is a monetary measure of the total market value of all the final goods and services produced and rendered in a specific time period by a country or countries. GDP is often used to measure the economic performanc ...
(GDP), the first in 24 years, which saw Nigeria emerge as the largest economy in Africa. She also empowered women and youth with the Growing Girls and Women in Nigeria Programme (GWIN), a gender-responsive budgeting system, and the highly acclaimed Youth Enterprise with Innovation Programme ( YouWIN); to support entrepreneurs, that created thousands of jobs. As part of Goodluck Jonathan's administration, she received death threats and endured the kidnapping of her mother when she tried to sanitise Nigeria’s fuel subsidy payments to some marketers in 2012. In addition to her role in government, Okonjo-Iweala served on the Commission on Growth and Development (2006–2009), led by Nobel Prize winner Professor Michael Spence. She was a member of the International Monetary and Finance Committee of the IMF (2003–2006 and 2011–2015) and the United Nations’ Secretary-General’s High-Level Panel on the Post-2015 Development Agenda (2012–2013). She also co-chaired the Global Partnership for Effective Development Cooperation with UK Secretary Justine Greening. In 2012, she was a candidate for President of the World Bank, running against former Colombian finance minister Jose Antonio Ocampo and
Dartmouth College Dartmouth College ( ) is a Private university, private Ivy League research university in Hanover, New Hampshire, United States. Established in 1769 by Eleazar Wheelock, Dartmouth is one of the nine colonial colleges chartered before the America ...
President Jim Yong Kim; if elected, she would have become the organization's first female president.


Later career

After leaving government, Okonjo-Iweala became a member of the International Commission on Financing Global Education Opportunity (2015–2016), chaired by
Gordon Brown James Gordon Brown (born 20 February 1951) is a British politician who served as Prime Minister of the United Kingdom and Leader of the Labour Party (UK), Leader of the Labour Party from 2007 to 2010. Previously, he was Chancellor of the Ex ...
, and the Eminent Persons Group on Global Financial Governance, which was established by the G20 Finance Ministers and Central Bank Governors (2017–2018). Since 2014, she has been co-chairing the Global Commission for the
Economy An economy is an area of the Production (economics), production, Distribution (economics), distribution and trade, as well as Consumption (economics), consumption of Goods (economics), goods and Service (economics), services. In general, it is ...
and Climate, with Nicholas Stern and Paul Polman. She also served as Chair of the Board of Gavi, the Vaccine Alliance (2016–2020). Okonjo-Iweala is the founder of Nigeria's first indigenous opinion-research organization, NOI-Polls. She also founded the Centre for the Study of the Economies of Africa (C-SEA), a development research think-tank based in Abuja, and is a Distinguished Visiting Fellow at the Center for Global Development and the
Brookings Institution The Brookings Institution, often stylized as Brookings, is an American think tank that conducts research and education in the social sciences, primarily in economics (and tax policy), metropolitan policy, governance, foreign policy, global econo ...
. Since 2019, Okonjo-Iweala has been part of
UNESCO The United Nations Educational, Scientific and Cultural Organization (UNESCO ) is a List of specialized agencies of the United Nations, specialized agency of the United Nations (UN) with the aim of promoting world peace and International secur ...
's International Commission on the Futures of Education, chaired by Sahle-Work Zewde. Also since 2019, she has been serving on the High-Level Council on Leadership & Management for Development of the Aspen Management Partnership for Health (AMP Health). In 2020, the
International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of las ...
's Managing Director Kristalina Georgieva appointed her to an external advisory group to provide input on policy challenges. Also in 2020, she was appointed by the
African Union The African Union (AU) is a continental union of 55 member states located on the continent of Africa. The AU was announced in the Sirte Declaration in Sirte, Libya, on 9 September 1999, calling for the establishment of the African Union. The b ...
(AU) as special envoy to solicit international support to help the continent deal with the economic impact of the
COVID-19 pandemic The COVID-19 pandemic (also known as the coronavirus pandemic and COVID pandemic), caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), began with an disease outbreak, outbreak of COVID-19 in Wuhan, China, in December ...
, as well as World Health Organization COVID-19 Special Envoy. In June 2020, Nigerian President
Muhammadu Buhari Muhammadu Buhari (born 17 December 1942) is a Nigerian politician who served as the president of Nigeria from 2015 to 2023. A retired Nigerian army major general, he was the military head of state of Nigeria from 31 December 1983 to 27 Augu ...
nominated Okonjo-Iweala as the country’s candidate to be director-general of the
World Trade Organization The World Trade Organization (WTO) is an intergovernmental organization headquartered in Geneva, Switzerland that regulates and facilitates international trade. Governments use the organization to establish, revise, and enforce the rules that g ...
(WTO). She later advanced to the final round of the election and eventually competed with Yoo Myung-hee. Ahead of the vote, she received the backing of the
European Union The European Union (EU) is a supranational union, supranational political union, political and economic union of Member state of the European Union, member states that are Geography of the European Union, located primarily in Europe. The u ...
for her candidacy. In October 2020, the United States government indicated that it would not back Okonjo-Iweala's candidacy. The WTO in its formal report said that Okonjo-Iweala "clearly carried the largest support by Members in the final round; and, enjoyed broad support from Members from all levels of development and from all geographic regions and has done so throughout the process" On 5 February 2021, Yoo Myung-hee announced her withdrawal from the race in "close consultation with the United States." According to a statement issued from the United States Trade Representative, “The United States takes note of today’s decision by the Republic of Korea’s Trade Minister Yoo Myung-hee to withdraw her candidacy for Director General of the WTO. The Biden-Harris Administration is pleased to express its strong support for the candidacy of Dr. Ngozi Okonjo-Iweala as the next Director General of the WTO." Okonjo-Iweala was unanimously appointed as the next director-general on 15 February. She began her career as Director General of the WTO on 1 March 2021. In early 2021, Okonjo-Iweala was appointed as co-chair, alongside
Tharman Shanmugaratnam Tharman Shanmugaratnam (born 25 February 1957) is a Singaporean politician and economist who has been the current and ninth President of Singapore since 2023. Prior to his presidency, Tharman served as Senior Minister of Singapore between ...
and Lawrence Summers, of the G20 High Level Independent Panel (HLIP) on financing the global commons for pandemic preparedness and response and was one of the founders of the COVAX Facility, designed to get affordable vaccines to Low and Middle-Income Countries. In July 2021, she joined the Multilateral Leaders Task Force on
COVID-19 Coronavirus disease 2019 (COVID-19) is a contagious disease caused by the coronavirus SARS-CoV-2. In January 2020, the disease spread worldwide, resulting in the COVID-19 pandemic. The symptoms of COVID‑19 can vary but often include fever ...
Vaccines, Therapeutics, and Diagnostics for Developing Countries, co-chaired by Tedros Adhanom and David Malpass. In January 2022, Okonjo-Iweala joined The Group of thirty (G30), an independent body of distinguished policymakers from around the world. In November 2024, she was reappointed to serve her second term as the director-general of the World Trade Organization(WTO).


Personal life

She is married to Ikemba Iweala, a
neurosurgeon Neurosurgery or neurological surgery, known in common parlance as brain surgery, is the medical specialty that focuses on the surgical treatment or rehabilitation of disorders which affect any portion of the nervous system including the brain, ...
from Umuahia, Abia State, Nigeria. They have four children, including author Uzodinma Iweala. During her campaign to become the next director-general of the WTO(world trade organization), it was revealed that Okonjo-Iweala became a US citizen in 2019 after spending several decades working and studying there. Given the ongoing trade tensions between China and the US, analysts commented that the disclosure would be a contributing factor in shaping China’s attitude towards her.


Other activities


Government agencies

*
Japan International Cooperation Agency The Japan International Cooperation Agency (), also known as JICA'','' is a governmental agency that delivers the bulk of Official Development Assistance (ODA) for the government of Japan. It is chartered with assisting economic and social gr ...
(JICA), Member of the International Advisory Board (since 2017)


International organizations

*
Asian Infrastructure Investment Bank The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank and international financial institution that aims to collectively improve economic and social outcomes in Asia. It is the world's second largest multi-lateral d ...
(AIIB), Member of the International Advisory Panel (since 2016) * OECD/UNDP Tax Inspectors Without Borders (TIWB), Member of the Board *
GAVI GAVI, officially Gavi, the Vaccine Alliance (previously the GAVI Alliance, and before that the Global Alliance for Vaccines and Immunization) is a Public–private partnership, public–private global health partnership with the goal of incr ...
, Chair of the Board (2016–2020) *
African Development Bank The African Development Bank Group (AfDB, also known as BAD in French) is a multilateral development finance institution, headquartered in Abidjan, Ivory Coast since September 2014. The AfDB is a financial provider to African governments and ...
(AfDB), Ex-Officio Member of the Board of Governors (2003–2006, 2011–2015) *
International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of las ...
(IMF), Member of the International Monetary and Finance Committee (2003–2006, 2011–2015) * Joint World Bank-IMF Development Committee, Chair (2004)


Corporate boards

*
Danone Danone S.A. () is a French multinational corporation, multinational food-products corporation based in Paris. It was founded in 1919 in Barcelona, Barcelona, Spain. It is listed on Euronext Paris, where it is a component of the CAC 40 stock mark ...
, Member of the Mission Committee (since 2020) *
Twitter Twitter, officially known as X since 2023, is an American microblogging and social networking service. It is one of the world's largest social media platforms and one of the most-visited websites. Users can share short text messages, image ...
, Member of the Board of Directors (since 2018) *
Standard Chartered Standard Chartered PLC is a British multinational bank with operations in wealth management, corporate and investment banking, and treasury services. Despite being headquartered in the United Kingdom, it does not conduct retail banking in th ...
, Independent Non-executive Member of the Board of Directors (since 2017) * Lazard, Senior Advisor (since 2015)


Non-profit organizations

* Africa Europe Foundation (AEF), Member of the High-Level Group of Personalities on Africa-Europe Relations (since 2020) *
Carnegie Endowment for International Peace The Carnegie Endowment for International Peace (CEIP) is a nonpartisan international affairs think tank headquartered in Washington, D.C., with operations in Europe, South Asia, East Asia, and the Middle East, as well as the United States. Foun ...
, Member of the Board of Trustees (since 2019) * Bloomberg New Economy Forum, Member of the Advisory Board (since 2018) * Results for Development (R4D), Member of the Board of Directors (since 2014) * Women's World Banking, Member of the Africa Advisory Council (since 2014) * The B Team, Member (since 2013) * Friends of the Global Fund Africa, Member of the Board (since 2007) * Global Financial Integrity (GFI), Member of the Advisory Board (since 2007) * African Risk Capacity, Chair of the Board * African University of Science and Technology, Chair of the Board * Georgetown Institute for Women, Peace and Security, Member of the Advisory Board * Global Business Coalition for Education, Member of the Advisory Board * International Growth Centre (IGC), Senior Advisor * Mandela Institute for Development Studies (MINDS), Member of the Advisory Board * Mercy Corps, Member of the Global Leadership Council *
Rockefeller Foundation The Rockefeller Foundation is an American private foundation and philanthropic medical research and arts funding organization based at 420 Fifth Avenue, New York City. The foundation was created by Standard Oil magnate John D. Rockefeller (" ...
, Member of the Board of Trustees (2008–2018) * Nelson Mandela Institution, Chair of the Board * One Campaign, Member of the Board * Oxford Martin School, Member of the Advisory Council * Vital Voices, Member of the Global Advisory Council *
World Economic Forum The World Economic Forum (WEF) is an international non-governmental organization, international advocacy non-governmental organization and think tank, based in Cologny, Canton of Geneva, Switzerland. It was founded on 24 January 1971 by German ...
Young Global Leaders Foundation, former Member of the Board *
World Economic Forum The World Economic Forum (WEF) is an international non-governmental organization, international advocacy non-governmental organization and think tank, based in Cologny, Canton of Geneva, Switzerland. It was founded on 24 January 1971 by German ...
member of the Board of Trustees


Recognition


Awards

Okonjo-Iweala has received numerous recognition and awards. She has been listed as one of the 50 Greatest World Leaders ('' Fortune'', 2015), the Top 100 Most Influential People in the World (''
TIME Time is the continuous progression of existence that occurs in an apparently irreversible process, irreversible succession from the past, through the present, and into the future. It is a component quantity of various measurements used to sequ ...
'', 2014 and 2021), the Top 100 Global Thinkers (''Foreign Policy'', 2011 and 2012), the Top 100 Most Powerful Women in the World (''
Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...
'', 2011, 2012, 2013, 2014, 2022 and 2023), the 25 Most Influential Women in the World (''
Financial Times The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...
'', 2021), the Top 3 Most Powerful Women in Africa (''Forbes'', 2012), the Top 10 Most Influential Women in Africa (''Forbes'', 2011), the Top 100 Women in the World (''
The Guardian ''The Guardian'' is a British daily newspaper. It was founded in Manchester in 1821 as ''The Manchester Guardian'' and changed its name in 1959, followed by a move to London. Along with its sister paper, ''The Guardian Weekly'', ''The Guardi ...
'', 2011), the Top 150 Women in the World (''
Newsweek ''Newsweek'' is an American weekly news magazine based in New York City. Founded as a weekly print magazine in 1933, it was widely distributed during the 20th century and has had many notable editors-in-chief. It is currently co-owned by Dev P ...
'', 2011), the Top 100 most inspiring people in the World Delivering for Girls and Women ( Women Deliver, 2011). She was listed among 73 "brilliant" business influencers in the world by Condé Nast International. In 2019, Okonjo-Iweala was elected to the
American Academy of Arts and Sciences The American Academy of Arts and Sciences (The Academy) is one of the oldest learned societies in the United States. It was founded in 1780 during the American Revolution by John Adams, John Hancock, James Bowdoin, Andrew Oliver, and other ...
. She was also conferred High National Honours from the Republic of Côte d'Ivoire and the Republic of Liberia. She was also the recipient of Nigeria's second highest national honor Grand Commander of the Order of the Niger (GCON, 2022) and Nigeria's third highest National Honors Commander of the Federal Republic (CFR). She also received the Grand Cross of the Order of Rio Branco from the Federative Republic of Brazil in 2023. Other honors include: * 2004 – ''TIME''’s European Heroes Award *2004 – Finance Minister of the Year, ''Africa Investor Magazine'' *2005 – Finance Minister of the Year for Africa and the Middle East, ''Emerging Markets Magazine'' *2005 – Global Finance Minister of the Year, ''
Euromoney ''Euromoney'' is an English-language monthly magazine focused on business and finance. First published in 1969, it is the flagship production of Euromoney Institutional Investor plc. History and profile ''Euromoney'' was first published in 19 ...
'' *2005 – Finance Minister of the Year for Africa and the Middle East, ''
The Banker ''The Banker'' is an English-language monthly international financial affairs publication owned by '' The Financial Times'' and edited in London, United Kingdom. The magazine was first published in January 1926 through founding editor Brendan ...
'' *2010 – Bishop John T. Walker Distinguished Humanitarian Service Award *2010 – Global Leadership Award, Columbia University School of International and Public Affairs *2011 – Global Leadership Award, Chicago Council on Global Affairs *2011 – President of the Italian Republic Gold Medal, Pia Manzu Centre *2014 – David Rockefeller Bridging Leadership Award *2016 – Global Fairness Award, Global Fairness Initiative *2016 – Power with Purpose Award, Devex Development Communications Network *2017 – Madeleine K. Albright Global Development Award, Aspen Institute *2017 – Women’s Economic Empowerment Award, WEConnect International *2017 – Vanguard Award,
Howard University Howard University is a private, historically black, federally chartered research university in Washington, D.C., United States. It is classified among "R1: Doctoral Universities – Very high research activity" and accredited by the Mid ...
*2017 – BBC's 100 women *2020 – African of the Year, Forbes Africa *2022 – 50 Over 50: EMEA Award,
Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...
* 2022 – Golden Plate Award,
American Academy of Achievement The American Academy of Achievement, colloquially known as the Academy of Achievement, is a nonprofit educational organization that recognizes some of the highest-achieving people in diverse fields and gives them the opportunity to meet one ano ...
* 2022 – Humanitarian Award for a Lifetime of Public Service and Advocacy of Sustainable International Development, United Nations Association of New York * 2023 – Honored with the
Carnegie Corporation of New York The Carnegie Corporation of New York is a philanthropic fund established by Andrew Carnegie in 1911 to support education programs across the United States, and later the world. Since its founding, the Carnegie Corporation has endowed or othe ...
's Great Immigrant Award. * 2023 – Inducted into the International Women’s Forum (IWF) Hall of Fame


Honorary degrees

Okonjo-Iweala has received honorary Doctorate Degrees from 21 universities worldwide, including some from the most prestigious colleges: *
Brown University Brown University is a Private university, private Ivy League research university in Providence, Rhode Island, United States. It is the List of colonial colleges, seventh-oldest institution of higher education in the US, founded in 1764 as the ' ...
(2006), * Colby College (2007) *
Trinity College, Dublin Trinity College Dublin (), officially titled The College of the Holy and Undivided Trinity of Queen Elizabeth near Dublin, and legally incorporated as Trinity College, the University of Dublin (TCD), is the sole constituent college of the Univ ...
(2007) *
Amherst College Amherst College ( ) is a Private college, private Liberal arts colleges in the United States, liberal arts college in Amherst, Massachusetts, United States. Founded in 1821 as an attempt to relocate Williams College by its then-president Zepha ...
(2009) *
University of Pennsylvania The University of Pennsylvania (Penn or UPenn) is a Private university, private Ivy League research university in Philadelphia, Pennsylvania, United States. One of nine colonial colleges, it was chartered in 1755 through the efforts of f ...
(2013) *
Yale University Yale University is a Private university, private Ivy League research university in New Haven, Connecticut, United States. Founded in 1701, Yale is the List of Colonial Colleges, third-oldest institution of higher education in the United Stat ...
(2015) * Northern Caribbean University, Jamaica * LUISS Guido Carli, Italy (2021) *
American University The American University (AU or American) is a Private university, private University charter#Federal, federally chartered research university in Washington, D.C., United States. Its main campus spans 90-acres (36 ha) on Ward Circle, in the Spri ...
(2022) * Nyenrode Business University (2022) *
London School of Economics and Political Science The London School of Economics and Political Science (LSE), established in 1895, is a public university, public research university in London, England, and a member institutions of the University of London, member institution of the University ...
(2023) * Glasgow University (2023) *
University of Amsterdam The University of Amsterdam (abbreviated as UvA, ) is a public university, public research university located in Amsterdam, Netherlands. Established in 1632 by municipal authorities, it is the fourth-oldest academic institution in the Netherlan ...
(2022) *
University of Oxford The University of Oxford is a collegiate university, collegiate research university in Oxford, England. There is evidence of teaching as early as 1096, making it the oldest university in the English-speaking world and the List of oldest un ...
(2024) She has also received degrees from a host of Nigerian universities including Abia State University, Delta State University, Abraka, Oduduwa University, Babcock University, and the Universities of Port Harcourt, Calabar, and Obafemi Awolowo University (OAU). In 2019, Okonjo Iweala was awarded an honorary degree from
Tel Aviv University Tel Aviv University (TAU) is a Public university, public research university in Tel Aviv, Israel. With over 30,000 students, it is the largest university in the country. Located in northwest Tel Aviv, the university is the center of teaching and ...
. In June 2024, Okonjo-Iweala received an honorary degree from the University of Oxford.


Works


Books

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Articles

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Talks

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Gallery

File:Ngozi Okonjo-Iweala WEF Davos 2010.jpg, Ngozi Okonjo-Iweala at the 2007 World Economic Forum File:Ngozi Okonjo-Iweala - World Economic Forum on Africa 2012.jpg File:Ngozi okonjo-iweala world economic forum.jpg, Ngozi Okonjo-Iweala at the 2007 World Economic Forum File:The Managing Director, World Bank, Ms. Ngozi Okonjo-Iweala calls on the Union Finance Minister, Shri Pranab Mukherjee, in New Delhi on May 12, 2011.jpg, Ms. Ngozi Okonjo-Iweala calls on the Union Finance Minister, 13th President of India Shri Pranab Mukherjee, in New Delhi on May 12, 2011 File:Ngozi Okonjo-Iweala, former Nigerian Finance Minister and former Managing Director of the World Bank, speaking at the UK-Africa Investment Summit in London, 20 January 2020 20200120154611 GMCB0323 (49419243418).jpg, Ngozi Okonjo-Iweala, and former Managing Director of the World Bank, speaking at the UK-Africa Investment Summit in London File:Umaru YarAdua 080630-F-1644L-111.jpg File:20th Anniversary of Treasury’s Office of Technical Assistance (5621907811).jpg File:Jiang Jianqing, 2009 World Economic Forum on Africa.jpg File:African Finance Ministers IMF 2003 Annual Meeting - IMF 62ph030920GH.jpg


See also

* Finance Minister of Nigeria


References


External links


Full biograpny and CV
(WTO site) *

*
The Center for Global Development and ''The Washington Post'' Present: A World Bank President Candidate Event: Ngozi Okonjo-Iweala
* , - , - , - {{DEFAULTSORT:Okonjo-Iweala, Ngozi 1954 births 20th-century Nigerian people 21st-century American people 21st-century Nigerian people 21st-century Nigerian women American people of Nigerian descent Brookings Institution people Center for Global Development Delta State politicians Directors-general of the World Trade Organization Fellows of the American Academy of Arts and Sciences Female finance ministers Female foreign ministers Finance ministers of Nigeria Foreign ministers of Nigeria Harvard University alumni International School, Ibadan alumni Living people MIT School of Architecture and Planning alumni Nigerian corporate directors Nigerian economists Nigerian expatriates in the United States Nigerian princesses Nigerian women diplomats Nigerian women economists People from Delta State St Anne's School, Ibadan alumni Women corporate directors Women government ministers of Nigeria Women of African descent African Union officials