Dr. Ngozi Okonjo-Iweala has been appointed Managing Director of the World Bank. The President of the World Bank, Robert B. Zoellick said "Ngozi brings a unique set of skills and experience to the World Bank Group. As an outstanding Minister of Finance and Foreign Minister in Nigeria, Ngozi helped lead the country's reform program on issues of fiscal prudence, transparency of government accounts, good governance, and anti-corruption.
"She led Nigeria's quest for debt relief and helped her country obtain an unprecedented $18bn write-off from the Paris Club. Ngozi was also instrumental in helping Nigeria obtain its first ever Sovereign Credit rating (of BB minus) from Fitch and Standard & Poor's.
"She is an internationally respected world leader, and knows the WBG well from her 21 years of service. Her commitment to the developing world is unparalleled. I am delighted she has joined my senior team."
Nigerian Okonjo-Iweala is founder of NOI-Gallup polls, and co-founder of the Makeda Fund--a fund to...