Ngozi Okonjo-Iweala, Nigeria’s nominee for the position of the Director-General of the World Trade Organisation (WTO), has emerged winner of the competitive race.
The former Nigeria’s Finance Minister, according to sources from the European Union, emerged victorious in the contest over her South Korean rival Ms Yoo Myung-hee, by a wide margin.
According to Reuters, a key group of WTO ambassadors proposed Okonjo-Iweala to lead the trade organisation on Wednesday, clearing a path for her to become the first woman and African to head the global watchdog in its 25-year history.
Once offcially confirmed, she will become the first African and first female director-general of the international body in its 25-year history.
She has experience working at international governance bodies as a former managing director of the World Bank and as a chairman at the Global Alliance for Vaccines and Immunization.