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| Version 2 | Version 3 |
|---|---|
| Bush chooses new World Bank boss | Bush chooses new World Bank boss |
| (about 1 hour later) | |
| US President George W Bush has chosen Robert Zoellick, former deputy secretary of state, to be president of the World Bank, US officials say. | US President George W Bush has chosen Robert Zoellick, former deputy secretary of state, to be president of the World Bank, US officials say. |
| Mr Zoellick would replace Paul Wolfowitz, who resigned amid a scandal over his role in winning a new pay and promotion package for his girlfriend. | Mr Zoellick would replace Paul Wolfowitz, who resigned amid a scandal over his role in winning a new pay and promotion package for his girlfriend. |
| Mr Wolfowitz will leave the post at the end of June. | Mr Wolfowitz will leave the post at the end of June. |
| Mr Bush will name Mr Zoellick on Wednesday, and expects the Bank's board to accept him, an aide told Reuters. | Mr Bush will name Mr Zoellick on Wednesday, and expects the Bank's board to accept him, an aide told Reuters. |
| Chief aide | Chief aide |
| Meanwhile, AFP quoted a government source as saying that Mr Zoellick's "experience and long career in international trade, finance and diplomacy make him uniquely prepared to take on this challenge". | Meanwhile, AFP quoted a government source as saying that Mr Zoellick's "experience and long career in international trade, finance and diplomacy make him uniquely prepared to take on this challenge". |
| They added: "He has the trust and respect of many officials around the world and believes deeply in the World Bank's mission of tackling poverty." | They added: "He has the trust and respect of many officials around the world and believes deeply in the World Bank's mission of tackling poverty." |
| As deputy secretary of state, Mr Zoellick was chief aide to Condoleezza Rice between February 2005 and June last year. | As deputy secretary of state, Mr Zoellick was chief aide to Condoleezza Rice between February 2005 and June last year. |
| He is also an ex-US trade representative and is currently an executive at the investment bank Goldman Sachs. | He is also an ex-US trade representative and is currently an executive at the investment bank Goldman Sachs. |
| Earlier this week Mr Wolfowitz told the BBC that an "overheated" atmosphere at the bank and in the media forced him to resign. | Earlier this week Mr Wolfowitz told the BBC that an "overheated" atmosphere at the bank and in the media forced him to resign. |
| The outgoing head, whose appointment was originally opposed by many European nations, said the bank's board did accept that he had acted ethically, and in good faith. | The outgoing head, whose appointment was originally opposed by many European nations, said the bank's board did accept that he had acted ethically, and in good faith. |
| And he told the BBC World Service that his own actions were not the root cause of his departure. | And he told the BBC World Service that his own actions were not the root cause of his departure. |