Ngozi Okonjo-Iweala: Changing the World Bank
12 years, 11 months ago

Ngozi Okonjo-Iweala: Changing the World Bank

Al Jazeera  

If elected, Nigeria’s finance minister would be the first African, first black and first female to head the institution. As the World Bank is about to select a new president, Dr. Ngozi Okonjo-Iweala, Nigeria’s finance minister, talks to Sir David Frost about her candidacy for the presidency of the World Bank. So I know what it is like to manage complex development problems every day… I’m passionate about development, I’m passionate about what the World Bank can do.” Sir David also be turns his eye to the French elections – will President Sarkozy be making a comeback? Also joining Sir David is Una Reilly, from the Belfast Titanic Society, who will share her great-grandfather’s story of building the doomed liner and her role in keeping the memory of the Titanic alive.

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History of this topic

What will become of the World Bank if Trump triumphs, asks ALEX BRUMMER
5 months ago

What will become of the World Bank if Trump triumphs, asks ALEX BRUMMER

Daily Mail  

THE capacious headquarters of the World Bank and International Monetary Fund are separated from the White House by just a couple of city blocks. Support: Treasury Secretary Janet Yellen lavished praise on Ajay Banga's stewardship of the World Bank - but how useful would that prove under a Trump presidency? So it was a rare moment to see Treasury Secretary …

IMF, World Bank hold first meetings in Africa in 50 years
1 year, 5 months ago

IMF, World Bank hold first meetings in Africa in 50 years

The Hindu  

The IMF and World Bank began talks in Morocco Monday in their first annual meetings on African soil in 50 years, under pressure to reform to better aid poor nations blighted by debt and climate change. The International Monetary Fund and World Bank traditionally hold their annual gathering of finance ministers and central bank governors outside their Washington headquarters every …

New India-born World Bank chief: Real change or rebranding?
1 year, 11 months ago

New India-born World Bank chief: Real change or rebranding?

Associated Press  

BENGALURU, India — The incoming president of the World Bank was born in India and forged his early business success there, a fact supporters say gives Ajay Banga valuable insight into the challenges faced by the developing countries the bank is supposed to help. U.S. Treasury Secretary Janet Yellen talked up Banga’s credentials this week on the sidelines of the …

US candidate for World Bank chief Ajay Banga urges development model revamp
2 years ago

US candidate for World Bank chief Ajay Banga urges development model revamp

Firstpost  

Nairobi : The United States’ candidate to head the World Bank, Ajay Banga, on Wednesday called for a revamp of the development model to better meet the challenge of climate change. The 63-year-old Indian American was last month nominated by US President Joe Biden to head the global lender after its current chief David Malpass announced plans to step down …

Former Nigerian Fin Min Becomes First Woman and African WTO Chief Months after Trump Rejected Her
4 years, 1 month ago

Former Nigerian Fin Min Becomes First Woman and African WTO Chief Months after Trump Rejected Her

News 18  

Three months after the Trump administration rejected her, former Nigerian finance minister Ngozi Okonjo-Iweala received unanimous backing on Monday to become the first woman and first African director-general of the World Trade Organization. “She brings stature, she brings experience, a network and a temperament of trying to get things done, which is quite a welcome lot in my view,” former …

WTO formally appoints Nigeria's Okonjo-Iweala as its first female leader
4 years, 1 month ago

WTO formally appoints Nigeria's Okonjo-Iweala as its first female leader

Hindustan Times  

The World Trade Organization selected Ngozi Okonjo-Iweala to be the first woman and first African as its leader, tasking the former Nigerian finance minister with restoring trust in a rules-based global trading system roiled by protectionism and the pandemic. During her campaign, Okonjo-Iweala acknowledged the necessity of rebuilding trust between the US and China while trying to find areas of …

Nigerian Economist Ngozi Okonjo-Iweala Named First Female, African WTO Chief
4 years, 1 month ago

Nigerian Economist Ngozi Okonjo-Iweala Named First Female, African WTO Chief

News 18  

Nigeria’s Ngozi Okonjo-Iweala was appointed Monday as the first female and first African head of the beleaguered World Trade Organization, saying a stronger WTO would be vital for the global coronavirus recovery. The WTO called a virtual special general council meeting at which member states officially selected the former Nigerian finance minister and World Bank veteran as the global trade …

Nigeria’s Okonjo-Iweala becomes first woman, African to lead WTO
4 years, 1 month ago

Nigeria’s Okonjo-Iweala becomes first woman, African to lead WTO

Al Jazeera  

Ngozi Okonjo-Iweala formerly served as Nigeria’s finance minister and spent 25 years at the World Bank, where she rose to the number-two position of managing director. Nigeria’s Ngozi Okonjo-Iweala was appointed Monday to head the leading international trade body as it seeks to resolve disagreements over how it decides cases involving billions in sales and thousands of jobs. Biden’s decision …

Nigeria's Ngozi Okonjo-Iweala first woman, African national to head World Trade Organisation
4 years, 1 month ago

Nigeria's Ngozi Okonjo-Iweala first woman, African national to head World Trade Organisation

Hindustan Times  

Nigeria's Ngozi Okonjo-Iweala was poised to become the first African and first woman to lead the embattled World Trade Organization, after a South Korean rival withdrew on Friday and the United States reversed its previous opposition. The twin developments ended months of uncertainty over the leadership of the global trade body, and cleared the way for WTO members to conclude …

Ngozi Okonjo-Iweala: Nigerian economist is WTO’s first Black woman leader
4 years, 1 month ago

Ngozi Okonjo-Iweala: Nigerian economist is WTO’s first Black woman leader

CNN  

London CNN Business — The path has been cleared for Nigeria’s Ngozi Okonjo-Iweala to become the first woman and the first African to lead the World Trade Organization after South Korea’s candidate pulled out of the race for the job. Okonjo-Iweala, an economist and former finance minister of Nigeria, already enjoyed broad support from WTO members, including the European Union, …

World Bank board elects US Treasury’s Malpass as next president
5 years, 11 months ago

World Bank board elects US Treasury’s Malpass as next president

Al Jazeera  

The World Bank’s executive board on Friday unanimously approved David Malpass, the US Treasury Department’s top diplomat, as the bank’s next president. The bank said that Malpass, the Treasury’s undersecretary for international affairs, will start his new role on Tuesday as the World Bank and International Monetary Fund Spring Meetings get under way. “The Bank Group is strong financially and …

American seeks World Bank's top job
12 years, 11 months ago

American seeks World Bank's top job

China Daily  

Top World Bank officials will soon decide which of three candidates will become president of the global development institution. Nancy Birsdall of the Center for Global Development says Kim may change the World Bank's culture. The World Bank's president has always been an American, but many major emerging economies want more of a say in the choice of leadership. Related …

American seeks World Bank's top job
12 years, 11 months ago

American seeks World Bank's top job

China Daily  

Top World Bank officials will soon decide which of three candidates will become president of the global development institution. Nancy Birsdall of the Center for Global Development says Kim may change the World Bank's culture. The World Bank's president has always been an American, but many major emerging economies want more of a say in the choice of leadership. Related …

Japan says Yes to US nominee to head World Bank
12 years, 11 months ago

Japan says Yes to US nominee to head World Bank

Firstpost  

Jim Yong Kim, a physician and anthropologist, was named by the Obama administration in March as the US pick to succeed Robert Zoellick when he steps down in June. Tokyo: Japan will support Jim Yong Kim, the US nominee for the next World Bank head, Japanese Finance Minister Jun Azumi said on Sunday after meeting the candidate who is in …

Merit should be criteria for World Bank top post: BRICS
13 years ago

Merit should be criteria for World Bank top post: BRICS

Firstpost  

Leaders of the emerging countries empahasised that the selection of the World Bank chief should be on the basis on merit and not the nationality. New Delhi: The five-nation BRICS group of emerging economies, representing almost 43 percent of the world’s population, today welcomed the candidatures of developing countries for the World Bank presidency, demanding that the selection should be …

New World Bank chief to face many challenges
13 years ago

New World Bank chief to face many challenges

China Daily  

President Obama has nominated Dartmouth College President Jim Yong Kim to be the next World Bank president. Erixon also said this being a presidential election year it's very unlikely anyone but an American would become World Bank president. " "Now what we're seeing is lots of developing countries that are asking for a change in the selection process when the …

New World Bank chief to face many challenges
13 years ago

New World Bank chief to face many challenges

China Daily  

President Obama has nominated Dartmouth College President Jim Yong Kim to be the next World Bank president. Erixon also said this being a presidential election year it's very unlikely anyone but an American would become World Bank president. " "Now what we're seeing is lots of developing countries that are asking for a change in the selection process when the …

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