who will be next World Bank President What will they do
 
 

     
 

The White House Kingmakers. Three intriguing - and potentially important - nuggets reach us that throw a little light on the process for selecting the next World Bank president.

First: three White House staffers are thought to be running the candidate selection process. Second: the US Treasury is said to be out of the loop - possibly because of John Taylor's interest in the job. And third: George Bush is believed to want to announce a candidate by the end of February.

The selection panel, charged with compiling a list of possible candidates, comprises:

Shirzad (pic) is an international trade attorney, who left private practice to take a succession of US government trade jobs. His last post was working for Condi Rice as Senior Director for International Economic Affairs - now he's number 3 to Rice's replacement as National Security Adviser, Stephen Hadley.

Jeffery reports to Shirzad at the National Security Council. He is a Stanford Law grad, who ran Goldman Sach's French arm, before leading for the President on the post-911 reconstruction of NYC.

He then worked as a US-based deputy to Paul Bremer, during Bremer's term running Iraq. His role: "someone senior in Washington who could navigate the bureaucracy [for Bremer] and deal with Capitol Hill." Jeffrey, a prominent Republican contributor, is said to be "conservative but pragmatic".

Forbes (pic), meanwhile, brings some development expertise to the job. She has worked at the World Bank ("so exciting"), Morgan Stanley and US Treasury, and is currently on secondment to the Council of Economic Advisers from the MIT-Sloan School of Management. She's an international finance and development specialist - her work on contagion has been published by the Bank. A Young Global Leader, she's a Davos regular, giving a speech on Argentina there last week.

We're leading the pack on this story - you won't find coverage, as yet, elsewhere in the media. Confirmation has been hard to come by. Forbes is not returning calls, while the White House has not yet decided whether it is safe to talk to us.

Activists, however, are bristling. Manish Bapna, director of the Bank Information Center, comments:

"We have been told that these White House staff at the Council of Economic Affairs and the National Security Council are drawing up the shortlist and making a recommendation for the next Bank President. This is strictly a White House appointment and is being seen through a security/foreign policy lens."

Correction: An earlier version of this article put Robert G. Joseph, another NSC alumnus, on the panel, in Reuben Jeffery's place. Sorry for the mistake.

David Steven ~ February 02, 2005


 
 
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