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Bush chooses new World Bank bossMay 29
Mr Zoellick would replace Paul Wolfowitz, who resigned amid a scandal over his role in winning a new pay and promotion package for his girlfriend. Meanwhile, AFP quoted a government source as saying that Mr Zoellicks's "experience and long career in international trade, finance and diplomacy make him uniquely prepared to take on this challenge". As deputy secretary of state, Mr Zoellick was chief aide to Condoleezza Rice between February 2005 and June last year. He is also an ex-US trade representative and is currently an executive at the investment bank Goldman Sachs. Earlier this week Mr Wolfowitz told the BBC that an "overheated" atmosphere at the bank and in the media forced him to resign. Nota bene: Wanna take a World Bank survey on "governance and corruption" issues? ~spk ww May 29, 2007 - 5:49pm
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