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Zoellick Vows to Mend World Bank

Posted May 31, 07 7:37 AM CDT in World,  US,  Business 

(Newser) – Robert Zoellick knows he has his work cut out for him, and he says he will try to "calm the waters" if he is confirmed as World Bank president. "This institution has been through a traumatic period and there is a lot of anxiety, some frustration and anger," says the designated successor to Paul Wolfowitz.

Zoellick, 53, a former US trade rep and deputy secretary of state, left the public sector last year for Goldman Sachs. He used yesterday's announcement of his nomination to reach out to the bank's board. One signal that he's serious about his reputation as a consensus-builder: He's already consulted with Bill Clinton, Madeleine Albright, and the last three bank presidents.

Source Reuters

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Robert Zoellick (Deputy US Secretary of State) with Jean-Claude Trichet (President, European Central Bank, Frankfurt). (PAR287597)   (Magnum Photos)
President Bush, left, looks on as former Deputy Secretary of State Robert Zoellick, his choice to replace outgoing World Bank president Paul Wolfowitz, speaks in the Roosevelt Room of the White House...   (Associated Press)
President Bush, left, looks on as former Deputy Secretary of State Robert Zoellick, his choice to replace outgoing World Bank president Paul Wolfowitz, speaks in the Roosevelt Room of the White House...   (Associated Press)
US NEWS ZOELLICK 1 KRT   (KRT Photos)
Former Deputy Secretary of State Robert Zoellick, left, looks on as President Bush speaks in the Roosevelt Room of the White House in Washington, Wednesday, May 30, 2007, where he announced Zoellick as...   (Associated Press)
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