Former Nigeria’s Finance Minister, Dr. Ngozi Okonjo-Iweala, has been appointed by the International Monetary Fund as a member of an external advisory group of the organisation.
This was disclosed by Kristalina Georgieva, Managing Director of the group, stating that IMF will meet a few times a year to provide perspectives on key developments and policy issues.
Members of the group were listed as:
1. Ngozi Okonjo-Iweala, former finance minister of Nigeria
2. Tharman Shanmugaratnam, senior minister of Singapore and chairman of the Monetary Authority of Singapore
3. Kristin Forbes, professor at Massachusetts Institute of Technology
4. Kevin Rudd, former prime minister of Australia
5. Mark Malloch Brown, former United Nations deputy secretary-general
6. Feike Sijbesima, honorary chair, DSM and former CEO, Royal DSM
7. Raghuram Rajan, professor at University of Chicago
8. Ana Botín, group executive chairman of Santander
9. Carmen Reinhart, professor at Harvard University
10. Mohamed A. El-Erian, chief economic adviser of Allianz
11. Scott Minerd, chief investment officer of Guggenheim Investments
12. Nyaradzayi Gumbonzvanda, chair of ActionAid International
According to Georgieva, “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,” Georgieva said in a statement.
