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Ngozi Okonjo-Iweala To Seek Second Term As WTO Chief

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Ngozi Okonjo-Iweala To Seek Second Term As WTO Chief

Ngozi Okonjo-Iweala, the first woman and first African to lead the World Trade Organisation (WTO), has officially announced her intention to pursue a second four-year term.

Her current term as Director-General of the WTO is set to expire in August 2025, News About Nigeria reports.

In a statement released on Monday, Okonjo-Iweala’s spokesperson, Ismaila Dieng, confirmed her decision, citing “overwhelming and broad-based support” from WTO member nations.

Her announcement was also communicated to Norwegian Ambassador Petter Olberg, the WTO chair, during a formal meeting.

At the same meeting, the WTO’s African Group made a formal request for Okonjo-Iweala to be renominated for a second term, proposing that the process to re-appoint her begin promptly.

So far, no other candidates have emerged to challenge her position. Okonjo-Iweala has until the end of November to officially submit her candidacy.

Okonjo-Iweala, a former Nigerian finance and foreign minister, took over as WTO chief in March 2021.

Her leadership has focused on revitalising the 166-member organisation, which had been struggling with internal challenges.

She secured the role after gaining support from the Biden administration, following opposition from former U.S. President Donald Trump during her initial appointment.

When asked about the possibility of Trump returning to power and how that might affect her leadership, Okonjo-Iweala stated that she remains focused on her work and does not dwell on scenarios she cannot control.