Okonjo-Iweala Set To Lead World Trade Organisation

File Photo: DAVOS/SWITZERLAND, 30JAN10 - Ngozi Okonjo-Iweala, was Managing Director, World Bank, Washington DC; Global Agenda Council on Corruption, is captured during the session 'Zero Option for Corruption' in the Congress Centre of the Annual Meeting 2010 of the World Economic Forum in Davos, Switzerland, January 30, 2010. Copyright by World Economic Forum swiss-image.ch/Photo by Remy Steinegger

Former Minister of Finance, Ngozi Okonjo-Iweala and Nigeria’s nominee for the position of the Director-General of the World Trade Organisation (WTO) is set to emerge winner of the competitive race to the highly coveted head of the international body.

Reuters on Wednesday reported that a key group of WTO ambassadors proposed Okonjo-Iweala to lead the trade organisation on Wednesday,

The official announcement is expected to be made later today by WTO.

Okonjo-Iweala served as Finance Minister twice, that was during the tenures of former presidents Olusegun Obasanjo and Goodluck Jonathan.

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.

Once officially announced, Okonjo-Iweala will be the first African and first female director-general of the international body in its 25-year history.