High Quality Content by WIKIPEDIA articles! Ngozi Okonjo-Iweala (born June 13, 1954) was appointed in July 2011 as Nigeria`s “de facto prime minister” and the new Minister of Finance for the Federal Republic of Nigeria. Prior to this appointment, she was the Managing Director of World Bank (October 2007 - July 2011) and has also held the position of a Finance Minister and Foreign Minister of Nigeria, between 2003 and 2006. She is notable for being the first woman to hold either of those positions. She served as finance minister from July 2003 until her appointment as foreign minister in June 2006, and as foreign minister until her resignation in August 2006. Okonjo-Iweala was considered as a possible replacement for former World Bank President Paul Wolfowitz.