U.S. to Nominate World Bank President Candidate in Coming Weeks
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The Obama administration plans to nominate within weeks a candidate to replace World Bank President Robert Zoellick, who says he’ll leave the institution when his five-year term ends June 30.
“It is very important that we continue to have a strong, effective leadership in this important institution,” Treasury Secretary Timothy F. Geithner said in an e-mailed statement today. “In the coming weeks we plan to put forward a candidate with the experience and requisite qualities to take this institution forward.”