Two vie to lead World Bank after Ocampo pullout
World BusinessApr 15, 2012
WASHINGTON (AFP) ― Colombia’s Jose Antonio Ocampo withdrew from the race to lead the World Bank on Friday, endorsing Nigerian Ngozi Okonjo-Iweala’s challenge against the favored U.S. candidate.The endorsement likely did little to influence the probable choice of U.S. health expert Jim Yong Kim to be the development bank’s next president, especially after Russia came out to endorse Kim.“It is clear that this is not based on the merits of the candidates but is a political exercise,” said the forme