Twitter has announced the appointment of Nigeria's Dr. Ngozi Okonjo-Iweala to its Board of Directors. Dr. Okonjo-Iweala, who is Nigeria's former Minister of Finance, will be taking a seat on the Board as an independent director and her appointment is effective immediately.
Also joining Dr. Okonjo-Iweala on Twitter's Board as an independent director is Robert Zoellick, former Chairman of the Board of Directors of global investment firm AllianceBernstein Holding.
"Twitter is a powerful platform that continues to be used as a strong connector for the global community, and I'm thrilled to be a part of the team. As we strive to build a better world for tomorrow, Twitter can amplify messages and drive critical conversations around today's most important issues. I look forward to partnering with Twitter's talented directors and leadership team as we work to leverage the power of Twitter for good," said Dr. Okonjo-Iweala.
The news of Dr. Okonjo-Iweala appointment to Twitter's Board comes on the back of a recent trip by Nigeria's Vice President, Professor Yemi Osinbanjo, to Silicon Valley. Osinbanjo was in San Francisco to meet with Google's Sundar Pichai and he also held an investment summit while in the Bay Area with various investors and business leaders to discuss collaboration and opportunities in the west Afrikan country.
"Ngozi and Bob are distinguished leaders with unparalleled global perspective and policy expertise. We are confident they will be incredible assets to Twitter as we continue to focus on driving transparency and making Twitter a safer, healthier place for everyone who uses our service," said Omid Kordestani, Executive Chairman at Twitter.
As part of announcing the new Board appointments, Twitter also added that Marjorie Scardino will be stepping down from the Board for personal reasons at the end of 2018.
"On behalf of the Twitter Board, I want to thank Marjorie for her service on the Twitter Board over the past five years. Marjorie joined the Board in 2013 and has been a strong voice on our board as our Lead Independent Director. Marjorie's insights and contributions have been invaluable, and all of us at Twitter wish her the best and look forward to her contributions through the end of the year," said Kordestani.
Before Okonjo-Iweala joined Twitter
Dr. Okonjo-Iweala has served as a Senior Advisor to Lazard, Ltd., a global financial advisory and asset management firm, since September 2015. Prior to joining Lazard, she served as the Minister of Finance of Nigeria from July 2003 until June 2006 and as the Minister of Finance and Coordinating Minister for the Economy of Nigeria from August 2011 until May 2015.
From 1982 until 2003 and then from December 2007 until August 2011, she held several positions at the World Bank, most recently as Managing Director from December 2007 until August 2011. She has been a member of the Board of Directors of Standard Chartered plc, a multinational banking and financial services company, since November 2017. Dr. Okonjo-Iweala has served as the Board Chair of the Global Alliance for Vaccines and Immunization (GAVI) since January 2016. Dr. Okonjo-Iweala holds a Ph.D. from the Massachusetts Institute of Technology and an A.B. from Harvard University.
Cover image credit: Ngozi Okonjo-Iweala (Finance Minister of Nigeria, 2003-2006; Managing Director of the World Bank, December 2007-present [as of May 2010]), at the 2004 Spring Meetings of the International Monetary Fund and the World Bank Group. Wikimedia Commons