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UPDATED: WTO picks Okonjo-Iweala as new DG

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By Abdulfatah
OKONJO-IWEALA
Ngozi Okonjo-Iweala, Nigeria's finance minister, gestures during a Bloomberg Television interview on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Wednesday, Jan. 22, 2014. World leaders, influential executives, bankers and policy makers attend the 44th annual meeting of the World Economic Forum in Davos, the five day event runs from Jan. 22-25. Photographer: Simon Dawson/Bloomberg via Getty Images

With 104 votes, Nigeria’s nominee for the position of the Director general of the World Trade organisation (WTO), Dr. Mrs. Ngozi Okonjo-Iweala, on Wednesday emerged winner of the coveted seat.

She defeated her closest rival and South Korea’s Yoo Myung-hee.

The Nigerian got 104 votes from 164 member countries to defeat Myung-hee.

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With this development, Mrs. Okonjo-Iweala becomes the first African and first woman to occupy that office.

The official announcement is expected to be made by the WTO at 3:00p.m Nigerian time.

Abdulfatah
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