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The US nominates diplomat as World Bank president

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The US nominates diplomat as World Bank president

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A former US deputy secretary of state is set to become the next head of the World Bank. Robert Zoellick will replace Paul Wolfowitz who was forced to resign earlier this month. Washington is confident the board of the bank will approve the nomination despite calls from member countries to cast a wider net for a replacement. The 53-year-old American is an experienced diplomat with an extensive background in finance.

His predecessor left after being criticised for authorising a large raise for his girlfriend and was accused of being responsible for much discontent within the bank’s staff. Zoellick’s brief will be to continue the bank’s mission of tackling world poverty.