Closing of Nominations for President of World Bank

Ocampo got nominated after all. Here is a press release from the World Bank:

WASHINGTON, March 23, 2012 – The Board of Executive Directors of the World Bank confirmed today that, as announced on February 17, the period for submitting nominations for the position of the next President of the World Bank closed on Friday, March 23. The Board is pleased to announce that the following three nominees will be considered for the position:

Jim Yong Kim, a US national and President of Dartmouth College, New Hampshire

José Antonio Ocampo, a Colombian national and Professor at Columbia University, New York

Ngozi Okonjo-Iweala, a Nigerian national and Coordinating Minister of the Economy and Minister of Finance, Nigeria

In accordance with the procedures previously announced, the Executive Directors will conduct formal interviews of the three candidates in Washington, D.C., during the following weeks, with the expectation of selecting the new President by consensus by the 2012 Spring Meetings.

 

 

 

 

 

2 thoughts on “Closing of Nominations for President of World Bank

  1. What everyone’s wondering is, which country nominated him. Brazil said earlier in the week that it would; but that was before agreement with Colombia had been nailed down. Colombia later said it would not be pursuing his nomination, since a Colombian national already heads the IDB, and they wanted a position they could more likely get. So in the end, did Brazil make the move? Or was it another country from the region?

    • Ocampo has by far more policy making, technical and diplomatic experience and skills than the other two candidates. As many observers and serious economists have commented, if the decision is based on experience, true merits and capabilities due the demands and challenges the post represents, Jose Antonio Ocampo must be the next president of the World Bank.

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