In a historic decision, the World Trade Organization (WTO) has reappointed Nigeria’s Ngozi Okonjo-Iweala as its Director-General for a second four-year term. The announcement was made on Friday, following a special General Council meeting held on November 28-29, 2024. Okonjo-Iweala’s reappointment will take effect on September 1, 2025, after her first term concludes on August 31, 2025.
Dr. Okonjo-Iweala first assumed office on March 1, 2021, becoming both the first African and the first woman to lead the global trade body. Her reappointment marks a resounding endorsement of her transformative leadership, strategic vision, and commitment to advancing global trade in the face of unprecedented challenges.
Transparent Reappointment Process
The reappointment process, initiated on October 8, 2024, was conducted with full transparency, adhering to the WTO’s official procedures for appointing Directors-General. Ambassador Petter Ølberg of Norway, Chair of the General Council, oversaw the process. By the November 8 deadline, no additional nominations were submitted, leaving Okonjo-Iweala as the sole candidate.
During the November General Council meeting, Dr. Okonjo-Iweala outlined her vision for the WTO’s future, emphasizing inclusivity, resilience, and responsiveness in a rapidly evolving global economic landscape. After her presentation and a Q&A session, the Council unanimously endorsed her reappointment.
Commendations for Outstanding Leadership
The General Council praised Dr. Okonjo-Iweala for her exceptional performance during her first term, which coincided with significant global economic disruptions, including the COVID-19 pandemic, geopolitical tensions, and economic uncertainties.
Under her leadership, the WTO successfully facilitated meaningful outcomes at its 12th and 13th Ministerial Conferences (MC12 and MC13). These conferences resulted in major milestones, strengthening the organization’s capacity to support its 166 member nations.
Petter Ølberg highlighted her contributions, saying:
“Dr. Okonjo-Iweala strengthened the WTO’s ability to support its members and set a forward-looking agenda for the organization. Her leadership was critical in securing progress during pivotal moments.”
Okonjo-Iweala’s Vision for the WTO
In her acceptance speech, Okonjo-Iweala expressed deep gratitude to WTO members for their trust and dedication. She reaffirmed her commitment to building an equitable and inclusive multilateral trading system that addresses pressing global challenges and drives economic resilience.
“I am deeply honoured by the trust and support of the WTO General Council and its 166 Members,” she said. “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.”
Okonjo-Iweala also emphasized the importance of collaborative efforts to advance global trade, improve living standards, and promote sustainable economic growth.
Global Impact and Future Goals
During her first term, Okonjo-Iweala prioritized strengthening the WTO’s role as a cornerstone of the global trading system. Her focus on inclusive and rules-based trade policies earned widespread acclaim. As she prepares for her second term, she has pledged to continue working closely with WTO staff and member nations to address shared global challenges.
Looking ahead, her leadership will be pivotal as the WTO seeks to foster a more inclusive and equitable global trade environment. Key goals include advancing discussions on trade facilitation, addressing digital trade challenges, and promoting sustainability in trade practices.
Ngozi Okonjo-Iweala’s reappointment as WTO Director-General underscores her significant achievements and the confidence WTO members place in her leadership. As the first African and woman to hold the position, she continues to break barriers while championing trade as a driver of economic resilience and global cooperation.
Her unwavering dedication to inclusive and equitable trade policies promises a brighter future for the WTO and its members, ensuring that global trade remains a force for good amid ever-evolving challenges.
