Saturday, February 18, 2012

World Bank gets new chief April


Recently, the World Bank stated that it would select a new president to succeed Robert Zoellick by April 20, the start of the World Bank and IMF’s spring meetings in Washington, the AFP has reported.
Zoellick said recently, he would step down at the end of his five-year term on June 30, setting up a race for the top post at the development bank.
Nominations will be accepted through March 23, 2012, the World Bank said in a statement outlining the selection process. Candidates must be members of the Bank’s 187 member countries.

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