The former Minister of Finance, Ngozi Okonjo-Iweala has been appointed as the Director-General of the World Trade Organisation.
Okonjo-Iweala, whose tenure begins March 1, is the first woman and African to hold the position.
WTO confirmed her appointment at a special meeting of the General Council, following a selection process that included eight candidates from around the world.
The tweet read: “Ngozi Okonjo-Iweala from Nigeria is appointed as the next WTO Director-General.
“Her term starts on the 1st of March 2021.”
Dr. Okonjo-Iweala becomes the first woman and the first African to lead the WTO.
Okonjo-Iweala was challenged by South Korean Trade Minister Yoo Myung-hee who later withdrew from the race for the position.