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Nigeria’s Iyabo Masha Becomes First African G-24 Director

Iyabo Masha

Dr. Iyabo Masha, a Nigerian woman, has been appointed Director of the Intergovernmental Group of 24 on International Monetary Issues and Development (G24).

Dr Masha’s appointment was announced in a statement issued by the organization on Friday in Washington DC and made available to journalists on Sunday in Abuja.

G-24 is an international transaction organization founded in 1971 to represent and coordinate the positions of developing countries in Africa, Asia, Latin America, and the Caribbean on monetary and development issues, particularly those on the agendas of the International Monetary and Financial Committee and the Development Committee.

Upon her appointment on February 24th, the statement stated that Masha will follow the incumbent director, Ms Marilou Uy, and would be the first African to hold the role.

Continuing, the group said its new director was bringing to the position a wide range of policy, operational, and research experience at global and national levels, adding that she “was a member of Nigeria’s Presidential Economic Advisory Council from 2019-2022 which directly advises the President on economic policy.”

Masha, in her advisory role, “provided leadership to the council’s work on global economic spillovers, macroeconomic and sustainable development policies,” the G-24 secretariat stated.

“Prior to that, she worked on a range of countries at the International Monetary Fund, Washington DC, negotiating IMF lending programmes and developing non-programme policies for emerging market and low-income economies in Africa and Asia.

“She also served as IMF Resident Representative for Sierra Leone.

“Masha joined IMF from the Central Bank of Nigeria (CBN), in 2003, where she led the Research Department’s annual monetary programme,” the group said in the statement.
According to the G-24, Masha has authored and contributed to several publications, and she speaks regularly to diverse audiences on topical issues,” the statement added.


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