World Bank

Recent articles on World Bank

Ngozi Okonjo-Iweala says selection process not based on merit

Written on:April 17, 2023

The Nigerian candidate for the post of World Bank president, Ngozi Okonjo-Iwealato, called for changes to the US-dominated selection process, after the World Bank appointed Jim Yong Kim, who was nominated for the post by US President Barack Obama, as its new chief. The US, Japan and some western European countries, which have the major voting power at the bank, have always appointed an American for the post to balance…

Read more...