Bush picks Zoellick as new World Bank chief
Reuters | HT Correspondent, Washington
May 30, 2007 02:49 AM IST
Robert Zoellick, a former US Trade Representative will replace Paul Wolfowitz, who resigned after being mired in a scandal.
US President George W Bush has chosen Robert Zoellick, a former US Trade Representative, as the new president for the World Bank, a senior administration official said on Tuesday.
Bush will announce his selection on Wednesday and expects the bank's board to accept it, the official said.
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Treasury Secretary Henry Paulson received "positive reactions" from other countries to the choice. Zoellick will replace Paul Wolfowitz, who resigned after a storm of criticism over a salary increase for his companion.
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