International National

Okonjo-Iweala declares:‘I’m ready to be World Bank President!’

Nigeria’s former Finance Minister and ex Vice President of the World Bank, Ngozi Okonjo-Iweala, says she’s ready to assume the number one position of the Bretton Woods institution.

Mr. Jim Yong Kim, who was reappointed World Bank President for a five-year term on July 1, 2017, has announced that he will be stepping down from the role on February 1, 2019, and Okonjo-Iweala says she’s ready to succeed him. 

“If the right person were to nominate, and if the circumstances are right and people feel I can do the job, yes”, Okonjo-Iweala told CNN’s Richard Quest on the sidelines of the World Economic Forum in Davos, Switzerland, when the question regarding her readiness for the job was posed.

Okonjo-Iweala contested the World Bank President position in 2012 and she believes a second try won’t be bad after all.

“I know that, because I contested the last time in 2012, and many people were asking that question. It is a shareholder’s decision and they have to decide how they want it. Someone has to nominate,” she said.

When Quest asked if she has declared her candidacy, Okonjo-Iweala said; “No, I have not declared my candidacy. You asked a hypothetical question and I answered it fairly. I’m very happy right now, and I just want you to know that I’m enjoying life for a change for a portfolio of what I like.”

About Okonjo-Iweala

Okonjo-Iweala currently sits on the Boards of Standard Chartered Bank, Twitter, Global Alliance for Vaccines and Immunization (GAVI) and the African Risk Capacity.

Ngozi Okonjo-Iweala served as Minister in the administrations of Chief Olusegun Obasanjo and Goodluck Jonathan.

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