Okonjo-Iweala renews interest to be World Bank president

Ngozi Okonjo-Iweala

Former finance minister, Ngozi Okonjo-Iweala, has renewed her interest to be the president of international lender, World Bank.

The two-time finance minister gave a hint into her ambition when she was asked by CNN’s Richard Quest of her intention during the World Economic Forum in Davos, Switzerland.

Mrs Okonjo-Iweala said she is ready to lead the World Bank if nominated for the job.

When asked what she thought about the clamour for her to declare her candidacy, she said, “I know that, because I contested the last time in 2012, and many people were asking that question. It is a shareholder’s decision and they have to decide how they want it. Someone has to nominate.

“If the right person were to nominate, and if the circumstances are right and people feel I can do the job, yes,” Okonjo-Iweala said.

Mr Quest asked if she had declared her candidacy, she answered, “No I have not declared my candidacy, you asked a hypothetical question and I answered it fairly. I’m very happy right now, and I just want you to know that I’m enjoying life for a change for a portfolio of what I like.”

The former vice-president of the World Bank contested against Jim Yong Kim, the outgoing president, in 2012.