Okonjo-Iweala named member of IMF MD’s external advisory group

Ngozi Okonjo-Iweala, Nigeria’s former minister of finance, has been appointed as a member of an external advisory group of Kristalina Georgieva, managing director of the International Monetary Fund.

In a statement announcing the appointment, Georgieva said the group will meet a few times a year to provide perspectives on key developments and policy issues.

“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,” Georgieva said.

“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.”

Members of the group were listed as:

  • Ngozi Okonjo-Iweala, former finance minister of Nigeria
  • Tharman Shanmugaratnam, senior minister of Singapore and chairman of the Monetary Authority of Singapore
  • Kristin Forbes, professor at Massachusetts Institute of Technology
  • Kevin Rudd, former prime minister of Australia
  • Mark Malloch Brown, former United Nations deputy secretary-general
  • Feike Sijbesima, honorary chair, DSM and former CEO, Royal DSM
  • Raghuram Rajan, professor at University of Chicago
  • Ana Botín, group executive chairman of Santander
  • Carmen Reinhart, professor at Harvard University
  • Mohamed A. El-Erian, chief economic adviser of Allianz
  • Scott Minerd, chief investment officer of Guggenheim Investments
  • Nyaradzayi Gumbonzvanda, chair of ActionAid International

Okonjo-Iweala was recently announced as a member of South Africa’s presidential economic advisory council.

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