Former Nigerian finance minister, Ngozi Okonjo-Iweala has been named a member of the External Advisory Group by the Managing Director of the International Monetary Fund, Kristalina Georgieva.
The group consists of mainly high-level technocrats and policy experts with private sector experience from around the worls who are to serve as the IMF Chief’s special adviser that would provide insights to enhance the fund’s ability to serve its membership.
The newly inaugurated External Advisory Group are to provide perspectives from around the globe on key developments and policy issues and these include response to the exceptional challenges the world now faces due to coronavirus and its economic impact on member countries.
Mrs. Okonjo-Iweala who was a one time former vice president of the world bank was inaugurated with other members of the advisory group like;a Senior Minister of Singapore and Chairman of the Monetary Authority of Singapore, Tharman Shanmugaratnam, and a Professor, Massachusetts Institute of Technology, Kristin Forbes.
Others inaugrated include; former Prime Minister of Australia, Kevin Rudd; former United Nations Deputy Secretary-General, Mark Brown; Honorary Chair, DSM and former CEO, Royal DSM, Feike Sijbesima; a Professor, University of Chicago, Raghuram Rajan; Group Executive Chairman, Santander, Ana Botín, and a Professor at Harvard University, Carmen Reinhart.
The Advisory body is to meet a few times a year discuss policy issues affecting member countries with the IMF’s Managing Director, Deputy Managing Directors, and a sub-set of IMF department directors.
