UK Bank appoint Okonjo-Iweala Director; On salary of £130,000 yearly

Immediate past Finance Minister, Ngozi Okonjo-Iweala has been appointed an independent non-executive director at Standard Chartered Plc in the United Kingdom.

Okonjo-Iweala Standard Chartered PLC is a British multinational banking and financial services company head-quartered in London and with presence in 70 countries.

A statement released by bank on Thursday, said Okonjo-Iweala’s appointment is effective from November 1, 2017.

She will earn £130,000 per annum for her expertise in financial and development financing.

José Viñals, the Group Chairman of the company, said, “Ngozi is a globally recognized African and international figure.

“She has significant geopolitical, economic, risk and development experience and expertise at a national governmental level and in international organizations, 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.”

END