Entrepreneurng.com
Wednesday, July 16, 2025
  • Business News
  • Economic News
  • Editor’s Picks
  • Advertise With Us
No Result
View All Result
Entrepreneurng.com
No Result
View All Result
Home Uncategorized

Ngozi Okonjo-Iweala Reappointed as WTO Director-General for a Second Term

by Ikenna Ngere
November 29, 2024
in Uncategorized
0
WTO Confirms Ngozi Okonjo-Iweala as Sole Candidate for Second Term as Director-General
496
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

The World Trade Organization (WTO) has announced the reappointment of Nigeria’s Ngozi Okonjo-Iweala as its Director-General for a second four-year term, set to begin on September 1, 2025.

The decision, confirmed during a General Council meeting, highlights the broad recognition of her leadership and strategic vision for the organization.

The reappointment process, launched on October 8, 2024, was led by Ambassador Petter Ølberg of Norway. With no other candidates nominated by the November 8 deadline, Okonjo-Iweala remained the sole contender.

During a special session in late November 2024, she presented her vision for the WTO’s future, which received unanimous endorsement.

The General Council praised her achievements during her first term, including steering the WTO through global economic challenges and delivering significant outcomes at the 12th and 13th Ministerial Conferences.

“With no additional nominations submitted by the November 8 deadline, Dr. Okonjo-Iweala stood as the sole candidate. The process was conducted in a fully open and transparent manner, adhering to the WTO’s ‘Procedures for the Appointment of Directors-General’ (WT/L/509).

“During a special General Council meeting on November 28-29, 2024, Dr. Okonjo-Iweala outlined her forward-looking vision for the WTO. Following her presentation and a Q&A session with members, the Council formally endorsed her reappointment by consensus.”

“The General Council commends Dr. Ngozi Okonjo-Iweala for her outstanding leadership during her first term. Amid significant global economic challenges, she strengthened the WTO’s ability to support its members and set a forward-looking agenda for the organization. Her leadership was instrumental in securing meaningful outcomes at pivotal moments, including the 12th and 13th Ministerial Conferences (MC12 and MC13), where major milestones were achieved,” WTO wrote.

Okonjo-Iweala, the first woman and African to lead the WTO, initially assumed office on March 1, 2021. Her first term will conclude on August 31, 2025.

Tags: Ngozi Okonjo-IwealaPetter OlbergWTO DG
Share198Tweet124
Ikenna Ngere

Ikenna Ngere

  • Trending
  • Comments
  • Latest
Prince Faisal bin Salman Al Saud

Saudi Arabia: Top 10 Richest Princes and Princesses of the Royal Family

January 4, 2025
Atlanta Jollof Festival: Nigerian Chef Wins at the West African rice dish

Atlanta Jollof Festival: Nigerian Chef Wins at the West African rice dish

July 22, 2024
Sam Bankman-Fried

FTX founder Sam Bankman-Fried has been arrested in the Bahamas

December 13, 2022
Sam Bankman-Fried

FTX founder Sam Bankman-Fried has been arrested in the Bahamas

19
THE CHANGING NATURE OF POWER IN THE KNOWLEDGE ECONOMY

THE CHANGING NATURE OF POWER IN THE KNOWLEDGE ECONOMY

3
RE-INVENTING MANAGEMENT IN THE KNOWLEDGE ECONOMY

RE-INVENTING MANAGEMENT IN THE KNOWLEDGE ECONOMY

2
Stockgap Fuels Graduate Internship: Apply Now for N100k Monthly Stipend

Stockgap Fuels Graduate Internship: Apply Now for N100k Monthly Stipend

July 14, 2025
‘Africans Will Develop Africa’: Dangote Challenges CEOs to Invest at Home

‘Africans Will Develop Africa’: Dangote Challenges CEOs to Invest at Home

July 14, 2025
Ecobank Nigeria Repays 50% of Eurobond Debt Ahead of Schedule in Investor Confidence Move

Ecobank Nigeria Repays 50% of Eurobond Debt Ahead of Schedule in Investor Confidence Move

July 14, 2025

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

Entrepreneurng.com

Copyright © 2025

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Business News
  • Economic News
  • Editor’s Picks
  • Advertise With Us

Copyright © 2025