Former Nigerian Minister of Finance, NGOZI OKONJO-IWEALA, Nigeria’s nominee for the position of the Director-General of the World Trade Organisation WTO, has emerged winner of the race.

OKONJO-IWEALA polled 104 votes from 164 member countries to defeat South Korea’s Minister of Trade Minister, YOO MYUNG-HEE.

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.

OKONJO-IWEALA’S success as the new WTO Director-General makes her the first African and first female director-general of the international body in its 25-year history.