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World Bank Confirms New Prez

Robert Zoellick to take over July 1

By Dustin Lushing, Newser Staff

Posted Jun 26, 2007 5:48 AM CDT

(Newser) – Declaring that he's looking forward to "encouraging hope, opportunity and dignity," Robert Zoellick was elected yesterday to succeed the embattled Paul Wolfowitz as new chief of the World Bank. The Goldman Sachs investment banker and former US deputy secretary of state will officially step into office July 1.

Zeollick has a good reputation among World Bank higher-ups as a centrist and a consensus builder, according to the Wall Street Journal. Wolfowitz stepped down after two years in the wake of a scandal over his conduct in securing a job at the organization for his girlfriend.

World Bank president-designate Robert Zoellick briefs the media after a meeting with German Federal Minister for Economic Cooperation and Development, Heidemarie Wieczorek-Zeul, unseen, in Berlin, on... (Associated Press)

President Bush's choice to head the World Bank, Robert Zoellick, walks past a painting prior to a news conference in Brasilia, Monday, June 18, 2007. Zoellick is on a one-day official visit to Brazil.... (Associated Press)

President Bush's choice to head the World Bank, Robert Zoellick, speaks during a press conference in Brasilia, Monday, June 18, 2007. Zoellick is on a one-day official visit to Brazil. (AP Photo/Eraldo... (Associated Press)

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World Bank Confirms New Prez

Robert Zoellick to take over July 1

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Bush: AIDS Fight in Africa Is American Way

We've taken big strides, but the fight's not over

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Even Bush was better, Kristof writes

Bush Faithful Rewarded With Plum Jobs

No crony left behind in last-minute appointments

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In Germany, VP cites 'new tone in Washington'

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With gratuity varying by country, it's important not to offend

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World Bank Confirms New Prez

Robert Zoellick to take over July 1

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OTHER STORIES ON OUR RADAR

Africa • World Bank • Paul Wolfowitz • Europe • Robert Zoellick • scandal • George W. Bush

MOST POPULAR STORIES

[ By Views ]

[ By Comments ]

More Newser Stories

Bush: AIDS Fight in Africa Is American Way

We've taken big strides, but the fight's not over

Obama Is Failing Sudan

Even Bush was better, Kristof writes

Bush Faithful Rewarded With Plum Jobs

No crony left behind in last-minute appointments

Biden Vows 'New Tone' in Foreign Policy

In Germany, VP cites 'new tone in Washington'

Find Your Tipping Point Abroad

With gratuity varying by country, it's important not to offend

About Us

Site

Newser By Users

Community

Site Maps

Tools

More News

What is Newser?