Another quiet knife has been stuck into the gentleman’s agreement which has until now given the U.S. government the right to appoint the World Bank president. The Brazilian government representative at the Bank – Otaviano Canuto – has asked that the process of selecting the new Bank chief be opened up. In a note to colleagues on the board, he said the board should be allowed to chose between more than one candidate, based on merit. The board meets today to consider the process for selecting the new president. Continue reading →

Dr. Ekwow Spio-Garbrah, the CEO of the Commonwealth Telecommunications Organisation is urging Ghana, which holds the Chair of the African Union “to play a leadership role in quickly mobilizing an African position on the selection of a new World Bank president” Continue reading →

Joseph Stiglitz, former World Bank chief economist urged the Financial Services Committee in the US Congress : “The choice of a successor to outgoing bank president Paul Wolfowitz should be open and transparent with the most qualified people available regardless of race, gender or nationality,” Continue reading →

Bloomberg is reporting that , according to Irish bookmaker Paddy Power, “Zoellick’s odds of getting the job are 13-8, better than U.S. deputy Treasury secretary Robert Kimmitt at 7-4” Continue reading →

In this post I mentioned and did comment that Carly Fiorina should not be considered for the position of the Prez of the WB. Indeed she had what she called “a successful career” at AT&T/Lucent but that was mainly in Sales and Marketing. Some of us know how the revenues brought by a good account and a good contract can benefit the head honcho and spiral his/her career in the world of backslapping industrial sales. Continue reading →