Thursday, March 31, 2024
By Steven L. Taylor

Via Reuters: Wolfowitz Gets OK as World Bank President

The World Bank unanimously approved Paul Wolfowitz as its president on Thursday despite quiet misgivings by some members over his role as the Bush administration’s architect of the Iraq war.

The outcome had already largely been decided by the governments of the bank’s major shareholder nations before the 24-member board met for a vote by consensus.

Wolfowitz, 61, the U.S. deputy defense secretary, will overlap with current bank chief and Clinton appointee James Wolfensohn before taking the reins of the biggest funder of development projects in the poorest nations on June 1.

No surprise, really, but news nonetheless.

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