Sandie Okoro, Senior Vice President and General Counsel at the World Bank Group
SANDIE OKORO IS SENIOR VICE PRESIDENT AND GENERAL COUNSEL at the Washington, D.C.-based World Bank Group. Okoro studied law and politics at the…
January 11, 2018 at 04:28 PM
5 minute read
SANDIE OKORO IS SENIOR VICE PRESIDENT AND GENERAL COUNSEL at the Washington, D.C.-based World Bank Group.
Okoro studied law and politics at the University of Birmingham, from which she received an LL.B., then studied at the Inns of Court School of Law, now part of City University of London, and joined Lincoln's Inn, qualifying as a barrister. She then re-qualified and trained as a solicitor. Prior to joining the World Bank Group, she was GC of HSBC Global Asset Management and deputy GC of HSBC Retail Banking and Wealth Management since 2014, prior to which she was global GC at Barings, an investment services company. In July 2014, she was awarded an honorary doctorate in law by City University London. This past July, she was made an Honorary Bencher of Middle Temple in the United Kingdom. "I have a passion for development," Okoro says. "I always wanted to do something that makes the world a better place. I kind of did some of that in my spare time, but the fact that I can now do something that I love as my day job and get paid for it is extraordinary." The World Bank is a specialized agency of the United Nations, a multilateral development bank and an international financial institution. It provides low-interest loans, zero to low-interest credits, and grants to developing countries. It focuses on eradicating extreme poverty and boosting shared prosperity. "The Legal Vice Presidency Unit serves as the [World] Bank's corporate counsel, providing independent legal advice on all legal issues ranging from issues arising out of our policies, operations and financial transactions, to the creation of new concessional financing facilities—for refugees, climate finance or pandemics—the fight against fraud and corruption, or personnel issues. As GC, I am spokesperson for the [World] Bank on all legal matters," she says. "I also provide legal advice to our governing board and its members, which represent our shareholders."
LEGAL TEAM: The legal unit is made up of 180 staff members, including close to 130 lawyers, and 50 support staff, including paralegals. Some 75 percent of the staff is assigned to an operational portfolio, so most of their work involves negotiating loans, guarantees and grants directly with governments. The legal team is mostly based in Washington, D.C., except for 20 lawyers who work out of 14 country offices worldwide. "I have a large team of highly competent staff with decades of experience," Okoro says. "I am more of a macro-manager, so [I] delegate the bulk of the work to my team. My main interaction is with the board and senior management." She is based in Washington, D.C., but travels for her job. "Eight months into my mandate, I have been traveling quite a lot, but not as much as I would like to," Okoro says. "My priority has been to visit all my decentralized lawyers. I am just returning from a long three-week mission to South East Asia. Next on my list are Latin America and Africa."
LAST BOOK READ: "The World Bank Legal Papers" by Ibrahim Shihata, a former World Bank GC, and "Game of Thrones" by George R.R. Martin. "Both are riveting reads," she says.
WHAT KEEPS HER UP AT NIGHT: "Nothing," she says. "I always sleep very well. But as general counsel, a risk that is mine to guard and protect is the risk of legal liability for the [World] Bank; the risk that our immunities fail to protect us."
PRIORITIES AS GENERAL COUNSEL: "We need to re-evaluate the legal team's contribution to the [World] Bank's agenda and take more of a risk-based approach to lawyering. We need to be there at the table from the beginning, identifying and advising on legal risks at the same time as … protecting the organization, while retaining the flexibility and pragmatism we need to remember the importance of … delivering on our goals," she says. "This is all about 'smart lawyering' so that we can help the [World] Bank achieve its twin goals of ending extreme poverty and boosting shared prosperity. We must always have the goals of the [World] Bank at the forefront of everything we do as lawyers."
ROLE OF WOMEN IN LEGAL PROFESSION: "It has changed quite a bit from when I started my career," she says. "There are more women in leadership roles, but by no means is it 50/50. It should be 50/50 and until we achieve that, we cannot see anything we have done to date as a success. We should not ask for a seat at the table, we should take it. As half the population, we have a right to be represented. It's not the role of women that needs to change but the role of men," Okoro adds. "It's not the women that need fixing."
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllHealth Care Giants Sue FTC, Allege Lina Khan Using Loaded Process to Vilify Pharmacy Benefit Managers
3 minute readHow a 200,000-Worker Global Enterprise Took Down the Silos and Made ESG Its Mission
4 minute read'It's Not About Speed': Forging Strong Legal Department-Law Firm Relationships Starts With Humility, Trust
6 minute readJudge Rejects Meta’s Plea to Send FTC Antitrust Suit to Trash Heap
Trending Stories
- 1'Radical Left Judges'?: Trump Demands GOP Unity Against Biden's Judicial Picks
- 2NY District Attorneys Are Still No Fans of Revamped Misconduct Watchdog
- 3ICC Issues Arrest Warrants for Israel's Prime Minister Over Alleged War Crimes in Gaza
- 4Attorney Responds to Outten & Golden Managing Partner's Letter on Dropped Client
- 5Attracted to Thompson Hine's Fee Flexibility, Morgan Lewis Litigator Switches Firms in Chicago
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250