Nigeria’s Former Minister of Finance, Dr. Ngozi Okonjo-Iweala, has progressed to the final stage in the race for the top job at the World Trade Organization. She progressed along with South Korea’s Yoo Myung-hee.
The eight candidates jostling for the job to replace Roberto Azevedo, who stepped down as WTO director-general in August, was narrowed down to five last month.
Three candidates were dropped from the race during the second round selection process, they are Liam Fox of Britain, Mohammed Al-Tuwaijri of Saudi Arabia, and Amina Mohammed of Kenya.
The third and final round of consultations will begin later this month and is scheduled to run until November 6, when the WTO will agree by consensus on the next director-general.
Okonjo-Iweala, 66, served as Nigeria’s first female finance and foreign minister, and has spent 25 years career at the World Bank as a development economist, scaling the ranks to the Number 2 position of Managing Director, Operations (2007–2011).
In June 2020, President Muhammadu Buhari nominated Okonjo-Iweala as the country’s candidate to be director-general of the World Trade Organization (WTO)