Ngozi Okonjo-Iweala

From SourceWatch
Jump to navigation Jump to search

Since September 2015, Dr. Okonjo-Iweala has served as a Senior Advisor to Lazard.

"A development economist and former finance minister, Ngozi Okonjo-Iweala assumed the role of Gavi Board Chair on 1 January 2016. She brings to the Gavi Board more than 30 years of experience in development and finance, valuable assets as Gavi strives to ensure that its immunisation programmes are financially sustainable. Her commitment to finding private sector solutions to development challenges also aligns with the Gavi mission.

"Dr Okonjo-Iweala has twice served as Nigeria’s Finance Minister, most recently between 2011 and 2015, and prior to that she was the Minister for Foreign Affairs. She has held several key positions at the World Bank, including that of Managing Director. Dr Okonjo-Iweala also serves on the boards of The Rockefeller Foundation and the Center for Global Development. In addition, she is the chair of African Risk Capacity, a specialised agency of the African Union which exists to help Member States prepare for and respond to extreme weather events and natural disasters." [1]

Dr. Okonjo-Iweala, "is currently a Managing Director of the World Bank, a position which includes special oversight for the Bank's operations in Eastern Europe and Central Asia, South Asia and Africa. Dr. Okonjo-Iweala has been at the forefront of the Bank's efforts to help countries hard hit by the food, fuel and financial crisis.

"From 2003 to 2006, Dr. Okonjo-Iweala served as Finance Minister of Nigeria and later Foreign Affairs Minister." [1]

Was formerly "the Minister of Finance for the Federal Republic of Nigeria, a job she assumed on July 18th 2003. Prior to this appointment, Dr. Okonjo-Iweala was Vice President and Corporate Secretary of the World Bank Group. She is Nigeria's first female finance minister. So far in Nigeria, she has overhauled the budgeting and expenditure processes; halted spending of windfall gains from higher than expected oil prices; slashed the budget deficit and introduced unprecedented levels of transparency and disclosure in the national accounts. She has also prepared legislation to hold ministers and state governors of Nigeria accountable to spending plans and limits. Now she is targeting the bloated and wasteful public sector." [2]

Resources and articles

Related Sourcewatch


  1. Board, ONE Campaign, accessed January 7, 2011.
  2. Our People in History, Umu Igbo Unite, accessed October 4, 2007.
  3. Directors, GAVI Alliance, accessed June 15, 2020.
  4. Directors, Friends Africa, accessed November 26, 2007.
  5. Board, Twitter, accessed January 20, 2021.
  6. Experts, Africa Growth Initiative, accessed June 1, 2010.
  7. Oxford Martin School Advisory Council, organizational web page, accessed February 17, 2015 .
  8. Results for Development Institute Board, organizational web page, accessed June 14, 2020.