Okonjo-Iweala Gets New International Jobs | Independent Newspapers Limited
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Okonjo-Iweala Gets New International Jobs

Posted: Sep 21, 2015 at 1:33 pm   /   by   /   comments (0)


Former Minister of Finance and Coordinating Minister of the Economy, Ngozi Okonjo-Iweala in the administration of former President Goodluck Jonathan has been hired by U.S. investment bank, Lazard Limited, as a senior adviser.

Okonjo-Iweala, 61, will join as a senior advisor focusing on the bank’s sovereign advisory group, Lazard said in a statement on Monday.

“She will bring a unique international expertise and experience that will benefit both our sovereign and corporate clients,” Matthieu Pigasse, Lazard’s global head of mergers and acquisitions and sovereign advisory, said in the statement.

In an earlier stint as finance minister of Africa’s largest oil producer between 2003 and 2006, Okonjo-Iweala spearheaded talks that led the Paris Club group of creditors to write off $18 billion in debt.

The Harvard University-educated economist resigned from the cabinet in August 2006 after a demotion by former President Olusegun Obasanjo. In her more recent stint under Jonathan, she battled to cut government spending and bring order to an opaque fuel-subsidy payment system.

Okonjo-Iweala, on Monday, also expressed joy over her new job on the board of Gavi, the vaccine group founded by Bill and Melinda Gates.

Okonjo-Iweala wrote on her via her Twitter handle, @NOIweala: “I’m excited to join GAVI to immunise 300 million more children in the next five years and save five million to six million more lives.”