IMF Named Ngozi Okonjo-Iweala Member of Advisory Group

• IMF Named Ngozi Okonjo-Iweala Member of Advisory Group

The Managing Director of the International Monetary Fund, Kristalina Georgieva, has included the former Minister of Finance, Nigeria, Ngozi Okonjo-Iweala, as a member of her new External Advisory Group.

The group of prominent experts in market, high-level policy and private sector experience were drawn from around the world to provide insights and support the Fund’s ability to serve its members.

The group put together on Friday will provide perspectives from around the world on key policy issues and developments, “including policy responses to the exceptional challenges the world now faces due to the novel coronavirus and its economic impact,” according to an IMF statement mailed from Washington.

“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,” she added.