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Absa CEO Says IMF, World Bank Appointments Must be Fair, Open

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May 27 (Bloomberg) -- Absa Group Ltd.’s Chief Executive Officer Maria Ramos said International Monetary Fund and World Bank appointments must go to the best qualified people, not to certain countries, in response to a question posed by reporters on Trevor Manuel’s candidacy.

“It does not make sense to reserve the job for Europe or a certain country,” Ramos said. The process of appointment must be fair and open in today’s world, she added.

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To contact the reporter on this story: Sikonathi Mantshantsha in Johannesburg at smantshantsh@bloomberg.net

To contact the editor responsible for this story: Agnes Nikoi at anikoi@bloomberg.net

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