who will be next World Bank President What will they do


Current Managing Director of the World Bank asks Wolfowitz to resign. (Update 1). During a management meeting this morning that included the two managing directors of the world bank and all Vice Presidents, the highly respected Graeme Paul Wheeler, one of the two current managing directors asked Wolfowitz directly to resign from the bank to save the reputation of the institution and current round of funding for bank coffers.

Update (Alex Wilks posting, based on Bank staff e-mails to me).

In the same meeting described above I'm told that the World Bank president offered to reorganize his office, rebuild trust, get rid of his adviser Robin Cleveland. He was told this was not enough, and it would not work.

In a separate meeting this afternoon Country Directors also called on him to resign, telling him that if he truly cares about the institution he'll leave. Again - he refused.

A Washington source ~ April 18, 2007

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