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World Bank's Zoellick to step down June 30
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World Bank President Robert Zoellick attends a session at the World Economic Forum (WEF) in Davos, January 28, 2012.
Credit: Reuters/Christian Hartmann
WASHINGTON | Wed Feb 15, 2012 11:43am EST
WASHINGTON (Reuters) - World Bank President Robert Zoellick said on Wednesday he plans to step down when his term ends on June 30, raising questions whether the United States will insist on holding on to a job that has always gone to an American.
"I'm honored to have led such a world class institution with so many talented and exceptional people," Zoellick said in a statement announcing his plans.
Speculation has been rife in recent months over who might take the job when Zoellick departs. Possible U.S. candidates include Secretary of State Hillary Clinton and former White House economic adviser Larry Summers.
Zoellick, a Republican, would potentially be a strong candidate for a senior position if a Republican candidate takes the White House in presidential elections in November.
(Reporting by Lesley Wroughton; editing by James Dalgleish and Jeffrey Benkoe)
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inShare.13Share thisEmailPrintRelated NewsWhite House: No comment on World Bank successor
11:43am ESTAnalysis & OpinionEurope’s wobbly economy
Where Obama’s economic policy went wrong
World Bank President Robert Zoellick attends a session at the World Economic Forum (WEF) in Davos, January 28, 2012.
Credit: Reuters/Christian Hartmann
WASHINGTON | Wed Feb 15, 2012 11:43am EST
WASHINGTON (Reuters) - World Bank President Robert Zoellick said on Wednesday he plans to step down when his term ends on June 30, raising questions whether the United States will insist on holding on to a job that has always gone to an American.
"I'm honored to have led such a world class institution with so many talented and exceptional people," Zoellick said in a statement announcing his plans.
Speculation has been rife in recent months over who might take the job when Zoellick departs. Possible U.S. candidates include Secretary of State Hillary Clinton and former White House economic adviser Larry Summers.
Zoellick, a Republican, would potentially be a strong candidate for a senior position if a Republican candidate takes the White House in presidential elections in November.
(Reporting by Lesley Wroughton; editing by James Dalgleish and Jeffrey Benkoe)
[You must be registered and logged in to see this link.]
