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Exclusive: Developing nations to name 2 candidates for World Bank

Posted by Politics News Headlines - Yahoo! News On March - 21 - 2012 News Politics

Nigeria's Finance Minister Okonjo-Iweala attends a session at the World Economic Forum (WEF) in DavosWASHINGTON (Reuters) - Nigerian Finance Minister Ngozi Okonjo-Iweala and former Colombian Finance Minister Jose Antonio Ocampo are set to be nominated to lead the World Bank, sources with knowledge of emerging market efforts to find candidates said on Tuesday. The candidacies of Okonjo-Iweala and Ocampo, who have credentials as both economists and diplomats and according to sources the respective backing of Brazil and South Africa, pose a challenge to the United States, whose hold on the top post has never been contested. ...


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