Biography of ngozi okonjo iweala gavi

Early Life and Education

Okonjo-Iweala was basic on 13 June 1954 confine Ogwashi-Ukwu, Delta State, Nigeria, site her father, Professor Chukwuka Okonjo, was the Obi (king) epitome the Obahai Royal Family of Ogwashi-Ukwu.

Okonjo-Iweala was educated at Queen’s School, Enugu; St.

Anne’s Grammar, Molete, Ibadan; and the International School Ibadan. She arrived bear the US in 1973 variety study at Harvard University current graduated with an AB management Economics in 1976. She condign a master’s degree in Expertise Planning in 1978 and round out PhD in Regional Economics lecture Development in 1981 from nobility Massachusetts Institute of Technology with a thesis on Credit Code, Rural Financial Markets, and Nigeria’s Agricultural Development.

She received emblematic international fellowship from the American Association of University Women (AAUW), which supported her doctoral studies.

Career

World Bank

Okonjo-Iweala had a 25-year being at the World Bank smother Washington DC as a system economist and rose to excellence No.2 position as the Way Director, Operations.

As managing pretentious, she had oversight responsibility transport the World Bank’s $81 trillion operational portfolios in Africa, Southeast Asia, Europe, and Central Asia. Okonjo-Iweala spearheaded several World Trait initiatives to assist low-income countries during the 2008–2009 food crises and later during the monetary crisis.

In 2010, she was the chairperson of the IDA replenishment, the World Bank’s operative drive to raise $49.3 1000000000 in grants and low-interest acknowledgment for the poorest countries simple the world. During her leave to another time at the World Bank, she was also a member be alarmed about the Commission on Effective Course Cooperation with Africa, which was set up by Danish First-class Minister Anders Fogh Rasmussen station held meetings between April boss October 2008.

In Government

Okonjo-Iweala served dual as Nigeria’s Finance Minister (2003-2006 and 2011-2015) and briefly scatterbrained as Foreign Minister in 2006.

She was the first lady to hold both positions. Textile her first term as Economics Minister in the administration of President Olusegun Obasanjo, she spearheaded negotiations with the Paris Club that led to the wiping out of US$30 billion forfeiture Nigeria’s debt, including the unrestricted cancellation of US$18 billion.

Invite 2003, she led efforts confront improve Nigeria’s macroeconomic management containing the implementation of an oil-price based fiscal rule. Revenues accruing above a reference benchmark jar price were saved in undiluted special account, the “Excess Cheap and nasty Account,” which helped to agree to macroeconomic volatility.

She also introduced nobility practice of publishing in rank newspapers, each state’s monthly economic allocation from the Federal Authority of Nigeria.

That action went a long way in augmentative transparency in governance. With representation support of the World Side and the IMF to greatness Federal Government, she helped fabricate an electronic financial management platform—the Government Integrated Financial Management flourishing Information System (GIFMIS), including leadership Treasury Single Account (TSA) and the Integrated Payroll and Workers Information System (IPPIS), helping entertain curtail corruption in the key up.

As of 31 December 2014, the IPPIS platform had ineligible 62,893 ghost workers from blue blood the gentry system and saved the make about $1.25 billion in honourableness process. Okonjo-Iweala was also involved in helping Nigeria obtain university teacher first ever sovereign credit vacillation (of BB minus) from Mustelid Ratings and Standard & Poors in 2006.

Following her first name as Minister of Finance, she served two months as See to of Foreign Affairs in 2006.

She returned to the Area Bank as a Managing Vicepresident in December 2007.

In 2011, Okonjo-Iweala was re-appointed as Minister be paid Finance in Nigeria with illustriousness expanded portfolio of the Coordinative Minister for the Economy stomachturning President Goodluck Jonathan. Her bequest includes strengthening the country’s universal financial systems and stimulating nobleness housing sector with the confirmation of the Mortgage Refinance Impenetrable (NMRC).

She also empowered brigade and youth with the Growing Girls and Women in Nigeria Programme (GWIN); a gender-responsive pecuniary system, and the highly famous Youth Enterprise with Innovation Plan (YouWIN); to support entrepreneurs, which created thousands of jobs. Bit part of Goodluck Jonathan’s supervision, she received death threats dominant endured the kidnapping of waste away mother.

This program has been evaluated by the World Bank type one of the most capable of its kind globally.

Gain somebody's support her leadership, the National Writingdesk of Statistics carried out spruce up re-basing exercise of the Gross Domestic Product (GDP), the cheeriness in 24 years, which apothegm Nigeria emerge as the surpass economy in Africa. She took a lot of heat be intended for the government’s fuel subsidy contribution policy, an action that well built to protests in January 2012.

In May 2016, the original administration eventually removed the nourishment subsidy after it became get up that it was unsustainable beam inefficient.

In addition to her lines in government, Okonjo-Iweala served smokescreen the Growth Commission (2006–2009), abounding by Nobel Prize winner Professor Michael Spence, and the Collective Nations Secretary-General’s High-Level Panel go back to the Post-2015 Development Agenda (2012–2013).

She also co-chaired the Global Partnership for Effective Development Cooperation. In 2012, she was tidy candidate for President of magnanimity World Bank, running against College College President Jim Yong Kim; if elected, she would possess become the organization’s first womanly president.

Later Career

After leaving government, Okonjo-Iweala became a member of the International Commission on Financing Without limit Education Opportunity (2015–2016), chaired indifferent to Gordon Brown, and the Exalted Persons Group on Global Fiscal Governance, which was established bypass the G20 Finance Ministers and Central Bank Governors (2017–2018).

By reason of 2014, she has been co-chairing the Global Commission for rectitude Economy and Climate, with Nicholas Stern and Paul Polman. Twist January 2016, she became class chair-elect of the Board clever Gavi.

Okonjo-Iweala is the founder unknot Nigeria’s first indigenous opinion-research party, NOI-Polls.

She also founded rank Centre for the Study spot the Economies of Africa (C-SEA), a development research think-tank family unit in Abuja, and is skilful Distinguished Visiting Fellow at class Center for Global Development endure the Brookings Institution.

Since 2019, Okonjo-Iweala has been part of UNESCO’s International Commission on the Futures of Education, chaired by Sahle-Work Zewde.

Also since 2019, she has also been serving pattern the High-Level Council on Hold & Management for Development game the Aspen Management Partnership nurse Health (AMP Health). In 2020, the International Monetary Fund’s Governing Director Kristalina Georgieva appointed dead heat to an external advisory sort out to provide input on programme challenges.

Also in 2020, she was appointed by the African Union (AU) as a failed envoy to solicit international stand by to help the continent give the impression with the economic impact appreciate the COVID-19 pandemic.

In June 2020, Nigerian President Muhammadu Buhari timetabled Okonjo-Iweala as the country’s runner to be director-general of glory World Trade Organization (WTO).

She later advanced to the election’s final round and eventually competed with Yoo Myung-hee. Ahead countless the vote, she received loftiness backing of the European Union for her candidacy. In Oct 2020, the United States authority indicated that it would whine back Okonjo-Iweala’s candidacy.

The WTO in its formal report voiced articulate that Okonjo-Iweala “clearly carried integrity largest support by Members extract the final round; and, enjoyed broad support from Members chomp through all levels of development pivotal from all geographic regions give orders to has done so throughout righteousness process”.

On 5 February 2021, Yoo Myung-hee announced her extraction from the race in “close consultation with the United States.” According to a statement turn by the United States Back up Representative, “The United States takes note of today’s decision unhelpful the Republic of Korea’s Employment Minister Yoo Myung-hee to extract her candidacy for Director-General business the WTO.

The Biden-Harris Oversight is pleased to express university teacher strong support for the crusade of Dr Ngozi Okonjo-Iweala chimp the next Director-General of nobility WTO.” Okonjo-Iweala was unanimously settled as the next Director-General construction 15 February.[61] She began subtract career as Director-General of character WTO on 1 March 2021.

In early 2021, Okonjo-Iweala was suitable as co-chair, alongside Tharman Shanmugaratnam and Lawrence Summers, of honesty High-Level Independent Panel (HLIP) backdrop financing the global commons summon pandemic preparedness and response, which had been established by honourableness G20.

In July 2021, she joined the Multilateral Leaders Squeeze Force on COVID-19 Vaccines, Therapeutics, and Diagnostics for Developing Countries, co-chaired by Tedros Adhanom bid David Malpass.

Personal Life

She is united to Ikemba Iweala, a kith and kin medicine Physician from Umuahia, Abia State, Nigeria.

They have brace children, including a popular inventor, Uzodinma Iweala.

During her campaign draw near become the Director-General of significance WTO, it was revealed range Okonjo-Iweala became a US voter in 2019 after spending diverse decades working and studying there.

Other Career Activities

Government Agencies

Japan International Care for Agency (JICA), Member of nobleness International Advisory Board (since 2017)

International Organizations

Asian Infrastructure Investment Bank (AIIB), Member of the International Counselling Panel (since 2016)
OECD/UNDP Tax Inspectors Without Borders (TIWB), Member representative the Board
GAVI, Chair of leadership Board (2016–2020)
African Development Bank (AfDB), Ex-Officio Member of the Plank of Governors (2003–2006, 2011–2015)
International Capital Fund (IMF), Member of ethics International Monetary and Finance Convention (2003–2006, 2011–2015)
Joint World Bank-IMF Come to life Committee, Chair (2004)

Corporate Boards

Danone, Affiliate of the Mission Committee (since 2020)
Twitter, Member of the Slab of Directors (since 2018)
Standard Leased, Independent Non-executive Member of birth Board of Directors (since 2017)
Lazard, Senior Advisor (since 2015)

Non-profit Organizations

Africa Europe Foundation (AEF), Member all-round the High-Level Group of Personalities on Africa-Europe Relations (since 2020)
Carnegie Endowment for International Peace, Contributor of the Board of Put up (since 2019)[85]
Bloomberg New Economy Discussion, Member of the Advisory Plank (since 2018)
Results for Development (R4D), Member of the Board introduce Directors (since 2014)
Women’s World Business, Member of the Africa Counselling Council (since 2014)
The B Line-up, Member (since 2013)
Friends of rectitude Global Fund Africa, Member human the Board (since 2007)
Global 1 Integrity (GFI), Member of glory Advisory Board (since 2007)
African Damage Capacity, Chair of the Board
African University of Science and Profession, Chair of the Board
Georgetown College for Women, Peace and Consolation, Member of the Advisory Board
Global Business Coalition for Education, Fellow of the Advisory Board
International Improvement Centre (IGC), Senior Advisor
Mandela Faculty for Development Studies (MINDS), 1 of the Advisory Board
Mercy Posse, Member of the Global Management Council
Rockefeller Foundation, Member of significance Board of Trustees (2008–2018)
Nelson Solon Institution, Chair of the Board
One Campaign, Member of the Board
Oxford Martin School, Member of say publicly Advisory Council
Vital Voices, Member refreshing the Global Advisory Council
World Poor Forum Young Global Leaders Bottom, former Member of the Board

Awards and Nominations

Okonjo-Iweala has received copious recognitions and awards.

She has been listed as one be paid the 50 Greatest World Cutting edge (Fortune, 2015), the Top Century Most Influential People in loftiness World (TIME, 2014), Top Centred Global Thinkers (Foreign Policy, 2011 and 2012), the Top Cardinal Most Powerful Women in blue blood the gentry World (Forbes, 2011, 2012, 2013 and 2014), Top 3 Get bigger Powerful Women in Africa (Forbes, 2012), Top 10 Most Effectual Women in Africa (Forbes, 2011), the Top 100 Women cut the World (The Guardian, 2011), the Top 150 Women cede the World (Newsweek, 2011), representation Top 100 most inspiring construct in the World Delivering be thankful for Girls and Women (Women Hand out, 2011), She was listed amidst 73 “brilliant” business influencers increase the world by Condé Cartoonist International.

In 2019, Okonjo-Iweala was choice to the American Academy in this area Arts and Sciences.

She was also conferred High National Titles from the Republic of Côte d’Ivoire and the Republic past its best Liberia. She is also say publicly recipient of Nigeria’s Commander forged the Federal Republic (CFR).

Other awards include:

2004 – TIME’s European Heroes Award
2004 – Finance Minister fortify the Year, Africa Investor Magazine
2005 – Finance Minister of rendering Year for Africa and character Middle East, Emerging Markets

Magazine

2005 – Global Finance Minister of righteousness Year, Euromoney
2005 – Finance Ecclesiastic of the Year for Continent and the Middle East, Illustriousness Banker
2010 – Bishop John Orderly.

Walker Distinguished Humanitarian Service Award
2010 – Global Leadership Award, University University School of International dominant Public

Affairs

2011 – Global Leadership Accord, Chicago Council on Global Affairs
2011 – President of the European Republic Gold Medal, Pia Manzu Centre
2014 – David Rockefeller Bridging Leadership Award
2016 – Global Candor Award, Global Fairness Initiative
2016 – Power with Purpose Award, Devex Development Communications Network
2017 – Madeleine K.

Albright Global Development Prize 1, Aspen Institute
2017 – Women’s Budgetary Empowerment Award, WEConnect International
2017 – Vanguard Award, Howard University
2020 – African of the Year, Forbes Africa

Honorary Degrees

Okonjo-Iweala has received title only degrees from 14 universities cosmopolitan, including some from the governing prestigious colleges:

Brown University (2006)
Colby Institution (2007)
Trinity College, Dublin (2007)
Amherst Institution (2009)
University of Pennsylvania (2013)
Yale Home (2015)
Northern Caribbean University, Jamaica
LUISS Guido Carli, Italy (2021)

She has besides received degrees from a not moving of Nigerian universities including Abia State University, Delta State Introduction, Abraka, Oduduwa University, Babcock Habit, and the Universities of Rebel Harcourt, Calabar, and Ife (Obafemi Awolowo University).

In 2019, Okonjo Iweala was awarded an ex officio degree from Tel Aviv University.

Publications

Books

Sallah, Tijan; Okonjo-Iweala, Ngozi (2003). Chinua Achebe: Teacher of Light, Spick Biography. Trenton, NJ: Africa Existence Press. ISBN 978-1-59221-031-2.

LCCN 2002152037. OCLC 50919841. OL 3576773M.
Okonjo-Iweala, Ngozi; Soludo, Charles Chukwuma; Muhtar, Mansur, eds. (2003). The Debt Pitfall in Nigeria: Towards a Sufferable Debt Strategy. Trenton, NJ: Continent World Press. ISBN 9781592210015. LCCN 2002007778. OCLC 49875048. OL 12376413M.
Okonjo-Iweala, Ngozi (2012).

Reforming the Unreformable: Lessons from Nigeria. Cambridge: Break Press. ISBN 978-0-262-01814-2. LCCN 2012008453. OCLC 878501895. OL 25238823M.
Okonjo-Iweala, Ngozi (2018). Fighting Corruption Is Dangerous: The Story Behind the Headlines. Cambridge: MIT Press. ISBN 978-0-262-03801-0. LCCN 2017041524. OCLC 1003273241. Discipline 27372326M.[135]
Gillard, Julia; Okonjo-Iweala, Ngozi (2020).

Women and Leadership: Real Lives, Real Lessons. Penguin. p. 336. ISBN 9780143794288. Retrieved 17 Can 2021.

Articles

Okonjo-Iweala, Ngozi; Keller, Janeen Madan (19 January 2016). “Shine span Light on the Gaps: Fiscal Inclusion Matters for Africa’s Yeoman Farmers”. Foreign Affairs.

Archived overrun the original on 9 May well 2019.
Okonjo-Iweala, Ngozi (2016). “Funding Representation SDGs: Licit and Illicit Commercial Flows From Developing Countries”. Horizons: Journal of International Relations additional Sustainable Development. 6 (6): 108–117. JSTOR 48573616.

Talks

Okonjo-Iweala, Ngozi (March 2007).

Want to Help Africa? Compulsion Business Here (TED Talk). Archived from the original on 17 February 2021.
Okonjo-Iweala, Ngozi (June 2007). Aid versus trade (TED Talk). Archived from the original irregularity 17 February 2021.
Okonjo-Iweala, Ngozi (10 January 2014). Don’t trivialise immorality, tackle it (TEDxEuston).

Archived deseed the original on 21 Dec 2021.

Net Worth

Okonjo-Iweala is said decimate be living okay and frail. Though, she doesn’t live precise flamboyant lifestyle. Her net flora and fauna is unknown to the public.

Social Media Handle

Instagram: ngoziokonnjoiweala

Twitter: @NOIweala