After the celebrated resignation of former World Bank head Paul Wolfowitz who will be stepping down by June 30 due to his involvement in creating a compensation package for girlfriend Shaha Riza, US President Bush will be naming Robert Zoellick as his successor. His selection of Zoellick is expected to be approved by the World Bankâ€™s 24 member board soon.
Zoellick is a logical choice, owing to the fact that has garnered the moniker of establishing contacts in most parts of the world as President Bushâ€™ trade chief. Considering the situation that the World Bank is in right now, Zoellick has his work cut out for him.
But basing it on Zoellickâ€™s credentials, he seems to be fit for the job. With his experience in building stronger ties and relations from all parts of the world, his designation is expected to be formalized soon so that the World Bank can get back on the right track.
[tags]world bank, president bush, robert zoellick, shaha riza, paul wolfowitz[/tags]
Originally posted on May 30, 2007 @ 6:36 pm