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Bush picks Wolfowitz to head World Bank

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Bush picks Wolfowitz to head World Bank
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A senior White House hawk has been nominated as the next head of the World Bank. Paul Wolfowitz was picked for the job by George W. Bush who described him as a “compassionate, decent man” with “good experience” in managing large organisations. The US president’s decision came after discussions with World Bank officials, according to the American Treasury Secretary John Snow. But it has been criticized as a bad choice by several international groups, including Friends of the Earth and Greenpeace.

Currently No. 2 at the Pentagon, Wolfowitz is a controversial figure in Europe and the Middle East for helping shape the Iraq war. He is seen as a driving force behind the Bush administration’s strategy of pre-emptive military action and spreading democracy in the Muslim world.

He has pledged to build consensus and serve the multinational membership of the development agency, which works to reduce global poverty. Wolfowitz’s appointment to the job is widely seen as a foregone conclusion. The US traditionally selects the World Bank president while Europeans nominate the head of the International Monetary Fund.