WTO: Okonjo-Iweala advances to final stage

World Trade Organization (WTO) members have selected two final candidates for the final round, in the race to lead the organization.

They are Nigeria’s Ngozi Okonjo-Iweala and South Korea’s Yoo Myung-hee.

WTO General Council Chairman, David Walker, will formally announce the results to the institution’s delegates on Thursday morning in Geneva.

Mrs Okonjo-Iweala was Nigeria’s finance minister during the tenures of former presidents Olusegun Obasanjo and Goodluck Jonathan. She has experience working at international international governance bodies as a former managing director of the World Bank and as a chairman at the Global Alliance for Vaccines and Immunization.

Ms Yoo, on her part, is South Korea’s trade minister. She has helped expand her country’s trade network through bilateral accords with the U.S., China and the UK.

Should the two women be announced to have advanced to the final round of the selection process, the WTO would have its first female director-general in its 25-year history.

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