Women in leadership: New Development Bank hails its trailblazers

Former President of Brazil, Dilma Rousseff, is another prominent figure attending the NDB meeting. Photo: AFP

Former President of Brazil, Dilma Rousseff, is another prominent figure attending the NDB meeting. Photo: AFP

Published Aug 28, 2024

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As the New Development Bank (NDB) meeting approaches, the spotlight turns to the exceptional women leaders who are not only attending, but significantly contributing to the discourse on sustainable development.

These women, each a trailblazer in her own right, bring a wealth of experience and insight to the table, driving forward the global agenda on development, finance, and infrastructure.

Dr Ngozi Okonjo-Iweala, the Director-General of the World Trade Organization (WTO), is expected to participate in the Flagship Seminar at the NDB meeting.

The 9th annual meeting of the NDB in Cape Town from August 29 to 31 seeks to identify how the bank can finance infrastructure and sustainable projects in emerging markets.

Dr Okonjo-Iweala, a renowned economist and former finance minister of Nigeria, has been at the forefront of global trade discussions, advocating for fair trade practices that promote sustainable development.

Her leadership at the WTO emphasises the importance of trade as a tool for economic growth, poverty reduction, and the achievement of the Sustainable Development Goals (SDGs).

At the NDB meeting, her insights are anticipated to shape conversations around how trade policies can align with environmental and social objectives, ensuring that global trade contributes positively to sustainable development.

Swazi Tshabalala, the Senior Vice President of the African Development Bank (AfDB), is slated to take part in the Seminar on Financing Infrastructure Development by Development Finance Institutions.

With extensive experience in finance and development, Tshabalala has been instrumental in shaping the AfDB’s strategic direction, particularly in financing infrastructure projects across the African continent.

Her leadership focuses on bridging the infrastructure gap in Africa, a critical component for sustainable development.

At the NDB meeting, Tshabalala will share her expertise on innovative financing mechanisms that can support large-scale infrastructure projects, highlighting the role of development finance institutions in catalysing investments that are both economically viable and socially inclusive.

Sandra Ruhizi, whose work spans across various sectors, is recognised for her pioneering efforts in sustainable development. Her contributions have been pivotal in promoting gender equality and environmental sustainability in development projects.

At the NDB meeting, Ruhizi is expected to advocate for the integration of gender perspectives in infrastructure and development financing, ensuring that women are not only beneficiaries but also active participants in the development process. Her presence underscores the importance of inclusive development that addresses the needs of all members of society.

Former President of Brazil, Dilma Rousseff, is another prominent figure attending the NDB meeting.

Rousseff's tenure as president was marked by her commitment to social equity, economic stability, and sustainable development.

Her role in global governance continues to influence discussions on sustainable development, particularly in the context of emerging economies.

At the NDB meeting, Rousseff is expected to contribute her vast experience in governance and economic policy, offering perspectives on how countries can balance development objectives with environmental stewardship.

These women leaders exemplify the critical role women play in shaping global development agendas.

Their participation in the NDB meeting highlights the importance of inclusive leadership in driving forward sustainable development initiatives.

As they share their knowledge and experiences, they inspire future generations of women to take up leadership roles and continue the work towards a more equitable and sustainable world.

IOL