Just In: Ngozi Okonjo-Iweala Reappointed WTO Director-General
In a historic decision by the General Council of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala has been reappointed for a second four-year term as Director-General. The announcement, made on November 29, 2024, extends her leadership to September 2029.
Dr. Okonjo-Iweala, who became the first woman and first African to lead the WTO in March 2021, expressed profound gratitude for the reappointment.
“I am deeply honoured by the trust and support of the WTO General Council and its 166 Members. It is a privilege to continue serving as Director-General for a second four-year term,” she said.
Born in Ogwashi-Ukwu, Delta State, Nigeria, into the royal Obahai family, Dr. Okonjo-Iweala’s journey to global leadership is a testament to her trailblazing achievements. Before joining the WTO, she served as Nigeria’s Finance Minister on two occasions (2003–2006 and 2011–2015) and briefly acted as Foreign Minister in 2006, becoming the first woman to hold both roles. She also enjoyed a 25-year career at the World Bank, where she rose to the position of Managing Director of Operations.
Also Read: Ngozi Okonjo Iweala – How A Biafra War Survivor Became WTO’s First African Head
Reflecting on her first term, Okonjo-Iweala highlighted the WTO’s critical role during global challenges.
“In recent years, the WTO has played a vital role in helping Members navigate pressing global challenges, including the pandemic, conflict, and heightened geopolitical tensions. I commend Members for their hard work and determination in achieving progress despite unprecedented levels of uncertainty and rapid economic shifts,” she said.
Her reappointment comes as the world grapples with economic instability and geopolitical tensions, placing the WTO at the center of efforts to promote trade as a driver of resilience and economic growth.
“As we look ahead, I remain firmly committed to delivering results that matter—results that ultimately improve the lives of people around the world,” she pledged.
Dr. Okonjo-Iweala also reiterated her commitment to inclusivity and equity in global trade systems.
“I am deeply committed to working alongside the talented and dedicated staff of the WTO to build a more inclusive, equitable, and rules-based multilateral trading system that benefits all,” she said, emphasizing the organization’s role as a platform for addressing shared global challenges.
As the WTO’s first African and female leader, Dr. Okonjo-Iweala’s reappointment cements her legacy as a transformative figure in international trade governance. For Nigeria and the continent, her leadership remains a symbol of African excellence on the global stage.
