Friday, July 24, 2015

WORLD BANK GETS ITS FIRST AFRICAN WOMAN VICE PRESIDENT

Nigeria’s Arunma Oteh has been named the new vice president and treasurer for the World Bank.

Oteh who was the director general for Nigeria’s Stock Exchange will now be the first African woman to head up this position.

Her career has been pioneered by many firsts, including being the first Nigerian woman to be accepted into the Harvard Business School MBA project.

She has served on the board of a number of organisations including National Pension Commission (PENCOM) and Asset Management Corporation of Nigeria.

Her career soared to enviable heights when she became the vice president of the African Development Bank and restored its ratings to ‘AAA’ by Standard and Poor.

She has been defined as the “Iron Lady” in respect of her tough decision-making.

Oteh responds to that saying, “If leading change, being passionate, resilient and decisive about a great course is what makes me an iron lady, then I proudly raise my hand high to that tag.”

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