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Ngozi Okonjo-Iweala: Breaking Barriers and Redefining Global Economics (1)

Okonjo-Iweala

The Foundations of Leadership – Her Early Journey

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Dr Ngozi Okonjo-Iweala is today a globally recognized trailblazer, celebrated for breaking barriers and shattering glass ceilings in her ascent to the pinnacle of leadership. As the first African and the first woman to serve as Director-General of the World Trade Organization, she embodies visionary leadership and resilience, redefining the global economic landscape and inspiring generations across the world. Her journey to becoming a trailblazer in the worlds of finance and international trade is a fascinating tale of determination, resilience, and groundbreaking achievements—one that deserves more than a single blog post to fully explore.

Dr Ngozi Okonjo-Iweala was born on June 13, 1954, in Ogwashi-Ukwu, Delta State, Nigeria, into a family of royal lineage. Her father, Professor Chukwuka Okonjo, was the Obi (king) of the Obahai royal family of Ogwashi-Ukwu. Growing up in a household that valued education and community service, she was inspired to make a meaningful impact.

Her academic journey began in Nigeria where she briefly attended Queen’s School, Enugu, before moving to St. Anne’s School, Molete, Ibadan, Oyo State. Thereafter, she attended the International School Ibadan. Her academic prowess earned her admission to Harvard University in 1973. In 1976, she graduated magna cum laude with an AB in Economics and proceeded to the Massachusetts Institute of Technology (MIT), where she earned a master’s degree in City Planning in 1978.

Okonjo-Iweala
Image gotten from Premium Times Nigeria

By 1981, she obtained her PhD in Regional Economics and Development, producing a groundbreaking thesis on Nigeria’s agricultural development. She received an international fellowship from the American Association of University Women (AAUW), which supported her doctoral studies.

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In 1982, Dr. Ngozi Okonjo-Iweala joined the World Bank in Washington, D.C. as a development economist, initiating a career that spanned 25 years. She then served as Director of Institutional Change and Strategy (1995-1997). From 1989 to 1991, she was Special Assistant to the Senior Vice President, Operations. She soon held the post of Vice President and Corporate Secretary. This included two tours of duty (1997-2000) working in the East Asia Region during the East Asian financial crisis; two duty tours in the Middle East Region.

She soon rose to the No. 2 position of Managing Director, Operations where she had oversight responsibility for the World Bank’s $81 billion operational portfolio in Africa, South Asia, Europe, and Central Asia. She also chaired the replenishment of over $40 billion for the International Development (IDA), the grant and soft credit arm of the World Bank. Her expertise in economics and strategic planning laid the foundation for her future leadership roles.

To be continued here

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