World Bank Board Appoints Zoellick President

World | June 25, 2007, Monday // 00:00

Robert Zoellick, former US trade representative, won unanimous approval from the World Bank executive board to become the institution'ss next president, the bank said on Monday.

Zoellick replaces Paul Wolfowitz, forced to resign last month after a scandal over his role in giving his partner a pay rise.

Wolfowitz' management style, described as abrasive by the bank's staff, and some of his initiatives, seen as an extension of the Bush administration's policies, created rifts within the institution, which Zoellick will have to heal as he starts his five-year term on Sunday.

"Zoellick brings to the bank presidency strong leadership and managerial qualities as well as a proven track record in international affairs and the drive required to enhance the credibility and effectiveness of the bank," the board said in a statement.

Zoellick, 53, holds a doctor of law degree from the Harvard Law School and a master of public administration from the Kennedy School of Government.

He has played a leading role in efforts to revive the Doha trade round and has widespread experience of and high-level contacts with Europe, China, Latin America and Africa.

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