IMF Appoints Former Minister of Finance, Ngozi Okonjo Iweala
Nigeria’s former minister of finance, Ngozi Okonjo Iweala has been appointed as a member of an external advisory group of managing director of the International Monetary Fund, Kristalina Georgieva.
Okonjo-Iweala was recently announced as a member of South Africa’s presidential economic advisory council.
In a statement announcing the appointment, Georgieva said the group will meet a few times a year to provide perspectives on key developments and policy issues.
“Even before the spread of COVID-19 and the dramatic health, economic, and financial disruptions it has brought, IMF members confronted a rapidly evolving world and complex policy issues,” Georgieva said.
“To serve our membership well in this context, we need top-notch input and expertise from the widest range of sources, inside and outside the Fund.
“Toward this end, I am proud that an exceptional and diverse group of eminent individuals with high-level policy, market, and private sector experience has agreed to serve on my External Advisory Group. Today we had a dynamic discussion to gain their insights, and to receive informal reactions to our ideas and approaches.”
Members of the group were listed as:
- Ngozi Okonjo-Iweala, former finance minister of Nigeria
- Tharman Shanmugaratnam, senior minister of Singapore and chairman of the Monetary Authority of Singapore
- Kristin Forbes, professor at Massachusetts Institute of Technology
- Kevin Rudd, former prime minister of Australia
- Mark Malloch Brown, former United Nations deputy secretary-general
- Feike Sijbesima, honorary chair, DSM and former CEO, Royal DSM
- Raghuram Rajan, professor at University of Chicago
- Ana Botín, group executive chairman of Santander
- Carmen Reinhart, professor at Harvard University
- Mohamed A. El-Erian, chief economic adviser of Allianz
- Scott Minerd, chief investment officer of Guggenheim Investments
- Nyaradzayi Gumbonzvanda, chair of ActionAid International
