Okonjo-Iweala for Top World Bank Job

Monday, March 26, 2012 - 16:04
Nigerian Finance Minister nominated to lead the World Bank when Zoellick retires

Nigerian Finance Minister, Ngozi Okonjo-Iweala, challenger for the top job at the World Bank, says emerging-market countries need to be given a voice in running things.

Okonjo-Iweala points out that, "The balance of power in the world has shifted and emerging market countries are contributing more and more to global growth - more than 50 percent - and they need to be given a voice in running things."

Ms Okonjo-Iweala, 57, was nominated by African power houses Nigeria, South Africa and Angola to lead the poverty-fighting institution when its current president, Robert Zoellick, steps down in June.

To read the article titled, “World Bank must mirror global shift, Okonjo-Iweala says,” click here.

Source: 
Business Day