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Standard Chartered PLC appoints Ngozi Okonjo-Iweala as independent Non-Executive Director

BellaNaija.com

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Standard Chartered PLC appoints Ngozi Okonjo-Iweala as independent Non-Executive Director

Ngozi Okonjo-Iweala

Nigeria’s former Minister of Finance Ngozi Okonjo-Iweala has been appointed as an independent Non-Executive Director of Standard Chartered PLC.

The company made the announcement in a statement on Thursday, adding that she will also join the Board’s Brand, Values and Conduct Committee.

Group Chairman José Viñals said “Ngozi is a globally recognised African and international figure. She has significant geopolitical, economic, risk and development experience and expertise at a national governmental level and in international organisations, which will provide significant insight and value to the Board. She also has deep knowledge of Africa as well as emerging and developing markets. I am delighted to welcome her to Standard Chartered.”

Standard Chartered said in the statement that she will receive a fee of GBP100,000 per annum for her services as an independent Non-Executive Director, with an additional fee of GBP30,000 per annum as a member of the Brand, Values and Conduct Committee.

Okonjo-Iweala sits on a number of prestigious international advisory boards including the Asian Infrastructure Investment Bank and is the Board Chair of the Global Alliance for Vaccines and Immunizations (GAVI). She has a Bachelor’s degree from Harvard University and a Masters and PhD from Massachusetts Institute of Technology.

She worked at World Bank for more than 20 years before leaving in 2003 to serve as Nigeria’s Minister of Finance. She held the position till 2006. She returned to the World Bank in 2007, serving as a Managing Director until 2011, when she was appointed to the role of Minister of Finance and Coordinating Minister of Economy in the Nigerian government, a position she held until 2015.

9 Comments

  1. nnenne

    July 28, 2017 at 3:29 am

    Congratulations.
    I recall meeting her at Enugu airport.Very humble woman!

  2. bowl

    July 28, 2017 at 3:51 am

    Congratulations ma

  3. Tamunoimama

    July 28, 2017 at 4:47 am

    This is the figure and personality we need to idolise and give a chance to place Nigeria in her rightful position

    • nene+

      July 28, 2017 at 9:08 am

      APC mob followers said she destroyed Nigeria.
      Go ma’am!

  4. remi

    July 28, 2017 at 8:53 am

    Ngo Babe………should be Nigerias president …class!!!!!!!!

  5. Anon

    July 28, 2017 at 11:42 am

    Stay winning.

  6. Dt

    July 28, 2017 at 12:07 pm

    Go girl!! Such an inspiration

  7. The Real Oma

    July 28, 2017 at 12:17 pm

    Nigeria wanted to scatter this woman’s destiny…
    People like her don’t need the taint of out dirty politics.
    Go Ngozi. In a room full of Diezanis, you and Dora Akuntili, God rest her soul, show that women can be powerful leaders with integrity.

  8. Amina

    July 28, 2017 at 2:18 pm

    Congratulations ma’m. You are an inspiration to me.

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