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Ngozi Okonjo-Iweala (born June 13, 1954) was Finance Minister and Foreign Minister of Nigeria, 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. On October 4 2007 she was appointed as Managing Director of the World Bank. She retired from the position in July 2011.