Who Should Lead the World Bank?
With Robert Zoellick departing in June as President of the World Bank, the Bank requires a new selection process that will enable it to choose the most qualified person, regardless of nationality. More importantly, it needs to identify the qualifications needed to run the Bank at a time when its role must be adapted to far-reaching global changes.
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WASHINGTON, DC – Robert Zoellick will depart in June as President of the World Bank, once again raising the thorny issue of leadership of the Bretton Woods twins (the Bank and the International Monetary Fund). At their birth, John Maynard Keynes memorably warned that if these institutions did not get good leaders they would “fall into an eternal slumber, never to waken or be heard of again in the courts and markets of Mankind.”