Dr. Ngozi Okonjo-Iweala has been Minister of Finance in Nigeria since 2011. She also served as Finance Minister and subsequently Minister of Foreign Affairs from 2003-2006. Before taking up her current Ministerial duty, she was Managing Director of The World Bank Group from December 1, 2007 until August 2011. As Finance Minister, she led Nigeria''s Economic Team responsible for implementing the Obasanjo administration’s far reaching economic and social reform agenda. The reforms made particular progress in restoring macroeconomic stability, tripling growth, initiating a strong fight against corruption, and increasing transparency.
She serves as a Member of the Board of Governors of African Development Bank. She is a recipient of numerous awards and honors including Time Magazine European Hero 2004, Euromoney Magazine Global Finance Minister of the year 2005, Financial Times/The Banker African Finance Minister of the year 2005, This Day Nigeria Minister of the Year 2004 and 2005, Honorary Doctorate of Laws from Colby College in 2007, and Brown University in 2006, Honorary Doctorate of Humane Letters, Northern Caribbean University, Jamaica.
Dr. Okonjo-Iweala graduated with an A.B. magna cum laude in Economics from Harvard University, and holds a PhD in Regional Economics and Development from the Massachusetts Institute of Technology