Live Note
Posted at 12:14 PM ET, 04/17/2012

Who Will Lead the World Bank Next?

Two candidates to be World Bank president spoke this week at a forum sponsored by Washington Post Live and the Center for Global Development. José Antonio Ocampo, a former Colombian finance minister endorsed by scores of leading economists, talked about expanding the bank’s mission include other global issues such as climate change. Ngozi Ikonjo-Iweala, a popular former managing director of the World Bank and current finance minister of Nigeria, said creating jobs in poor places would be one of her top priorities. The third nominee to run the bank is Dartmouth College President Jim Yong Kim, President Obama’s choice. Traditionally, the United States nominates the person to head the bank and this year is the first time there has been an official competition. Kim did not speak at the Post forum and in fact declined many invitations to speak, citing a globetrotting schedule to meet leaders from around the world ahead of the vote by the board at the World Bank. Both Ocampo ad Okonjo-Iweala stressed the need for a more open, transparent selection of the bank’s next president. “I don’t know what my U.S. colleague thinks,” Ocampo said. “Nobody does.” To hear more about what Ocampo and Ikonjo-Iweala said, click on the video at washingtonpostlive.com.

By Mary Jordan  |  12:14 PM ET, 04/17/2012

Tags:  World Bank President; Mary Jordan; Jose Antonio Ocampo; Ngozi Ikonjo-Iweala; Jim Yong Kim

 
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