IMF Lists ex-Finance Minister, Okonjo-Iweala Among External Advisory Team

IMF Appointment

Posted  208 Views updated 3 months ago

The International Monetary Fund (IMF) has named a former Minister of Finance, Dr Ngozi Okonjo-Iweala, as a member of its External Advisory Group. 

 

 

IMF’s Managing Director, Kristalina Georgieva, announced Okonjo-Iweala’s appointment into the 12-member team on Friday in a statement. 

 

According to the statement, the new group will provide perspectives from around the globe on key developments and policy issues, including policy responses to the exceptional challenges the world now faces due to the novel coronavirus (COVID-19) and its economic impact. 

 

Ms Georgieva said, “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.” 

 

“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,” she added. 

 

The advisory group is expected to meet a few times in a year with the IMF’s Managing Director, Deputy Managing Directors, and a sub-set of IMF department Directors. 

 

See the list of the Managing Director’s External Advisory Group below as obtained by NEWS FLAKES NG

 

Ms Ngozi Okonjo-Iweala, former Finance Minister of Nigeria 

Mr Tharman Shanmugaratnam, Senior Minister of Singapore and Chairman of the Monetary Authority of Singapore 

Ms Kristin Forbes, Professor, Massachusetts Institute of Technology 

Mr Kevin Rudd, former Prime Minister of Australia 

Lord Mark Malloch Brown, former United Nations Deputy Secretary-General 

Mr Feike Sijbesima, Honorary Chair, DSM, Former CEO, Royal DSM 

Mr Raghuram Rajan, Professor, University of Chicago 

Ms Ana Botín, Group Executive Chairman, Santander 

Ms Carmen Reinhart, Professor, Harvard University 

Mr Mohamed A. El-Erian, Chief Economic Adviser, Allianz 

Mr Scott Minerd, Chief Investment Officer, Guggenheim Investments Ms Nyaradzayi Gumbonzvanda, Chair of Action Aid International

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