When Ngozi Okonjo-Iweala first took the helm of the World Trade Organization (WTO) in 2021, history was made.
Not only did she become the first African to lead the global body, but she also became the first woman to ever hold the position.
With a wealth of experience, including two terms as Nigeria’s finance minister, Okonjo-Iweala stepped into the role with a mission to revitalise the WTO and make it more responsive to modern global challenges.
Okonjo-Iweala Reappointment
Now, three years later, she’s been reappointed to serve a second term, a clear signal of the trust placed in her leadership.
The decision was made by the WTO’s 166 members in a unanimous vote during a special meeting of the General Council.
Okonjo-Iweala’s reappointment was expected, with no other candidates in the running, but it marked another significant chapter in her remarkable career.
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Okonjo-Iweala’s second term as Director-General will extend until August 2025.
Her leadership has been focused on strengthening the WTO, which has faced increasing challenges in recent years, from trade disputes to the global impact of climate change and public health crises.
Her Statement
In her statement following the reappointment, Okonjo-Iweala expressed her gratitude.
She said: “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 went on to highlight the importance of trade in driving economic growth and resilience, and her ongoing commitment to improving the lives of people around the world.
“By promoting trade as a driver of economic growth and resilience,” she said, “the WTO will continue to provide a collaborative platform for Members to address shared global challenges.”