The General Council of the World Trade Organisation has reappointed Ngozi Okonjo-Iweala for a second term as its Director-General.
Her new four-year tenure is set to begin on September 1, 2025.
In a statement issued on Friday, 29 November, 2024 by the organisation, Okonjo-Iweala expressed gratitude to the WTO’s 166 member nations for their continued trust and support.
“I am deeply honoured by the trust and support of the WTO General Council and its 166 Members. It is a privilege to continue serving as Director-General for a second four-year term,” she said.
Reflecting on her first term, the former Nigerian finance minister underscored the WTO’s crucial role in addressing global challenges such as the COVID-19 pandemic, conflicts, and geopolitical tensions.
“In recent years, the WTO has played a vital role in helping Members navigate pressing global challenges, including the pandemic, conflict, and heightened geopolitical tensions. I commend Members for their hard work and determination in achieving progress despite unprecedented levels of uncertainty and rapid economic shifts,” she said.
Okonjo-Iweala pledged to continue championing trade as a driver of economic growth and resilience while reinforcing the multilateral trading system.
“As we look ahead, I remain firmly committed to delivering results that matter — results that ultimately improve the lives of people around the world. By promoting trade as a driver of economic growth and resilience, the WTO will continue to provide a collaborative platform for Members to address shared global challenges.
“I am deeply committed to working alongside the talented and dedicated staff of the WTO to build a more inclusive, equitable, and rules-based multilateral trading system that benefits all,” the statement stated.
Okonjo-Iweala made history in 2021 as the first woman and African to lead the WTO.
