Robert Zoellick
Zoellick joins Temasek board under new chairman Lim Boon Heng
Singaporean sovereign fund appoints new chairman to take over from long-serving Dhanabalan; American political heavyweight joins as Temasek looks to establish a presence in the US
Using gold to restore currency stability
Gold has many advantages as a benchmark of market expectations, Robert Pringle argues.
Indonesia’s finance minister named World Bank managing director
Mulyani Indrawati moves to World Bank Group months after alleged corruption accusations
Developing countries gain more leverage in World Bank restructuring
Historic package gives developing countries more say in international policy
Geithner wades into World Bank funding debate
Tim Geithner says governments must support World Bank’s bid for more capital after officials question governance model
Fed will fail to land systemic risk role, Zoellick predicts
World Bank’s Robert Zoellick says Fed will not get systemic risk role, moots Treasury. Sees renminbi, euro strengthen reserve status
World Bank finds extra board seat for Africa
Sub-Saharan Africa will gain a seat at the Executive Board of the World Bank and developing countries voting power in the bank will be raised to 44% as part of governance reforms approved by the Bank's governing board.
World Bank appoints SA anti-corruption head
Leonard McCarthy, the chief of South Africa's highly-regarded anti-corruption unit, will head the World Bank's institutional integrity department.
Zoellick urges action on rise in food costs
Robert Zoellick, the president of the World Bank, has called on governments to act on surging food prices now.
World Bank to invest $5 billion in bonds for poor
The World Bank will set up a $5 billion fund to invest in bonds denominated in currencies of poor nations.
Ex-Nigerian finance minister rejoins World Bank
Ngozi Okonjo-Iweala, a former finance and foreign minister in Nigeria, is set to become a managing director at the World Bank.
Strauss-Kahn appeases emerging states with votes
Dominique Strauss-Kahn, who will become the tenth managing director of the International Monetary Fund (IMF) in November, plans to give developing countries more power at the Fund.
World Bank pledges $3.5 billion, cuts rates
The World Bank said it will give $3.5 billion to the world's poorest economies and will lower borrowing costs for poor and middle-income countries.
Mohohlo slams Fund and Bank governance deficit
In a speech to the executive directors of the IMF, Linah Mohohlo, the governor of the Bank of Botswana blasts America and Europe for what she describes as a sense of entitlement in the appointment of the heads of the World Bank and the Fund.
No challenge to European at IMF - Paulson
The American Secretary of the Treasury, Henry Paulson, says the United States will not challenge the long-standing tradition of allowing European countires to select the new managing director of the International Monetary Fund.
Surprise as de Rato resigns from IMF
Rodrigo de Rato, the managing director of the International Monetary Fund, has announced that he would leave the Fund after its next meetings in October. This will be three years after his appointment and before the end of the normal five-year term.
Zoellick to replace Wolfowitz at World Bank
American president George W. Bush has named Robert Zoellick, a former US trade representative, as a replacement for Paul Wolfowitz as president of the World Bank.
New names for WB presidency
Some interesting names are being bandied about as potential replacements for Paul Wolfowitz as president of the World Bank, when he steps down next month.
Europeans react to Wolfowitz departure
Following the announcement that Paul Wolfowitz, the under-fire president of the World Bank, will step down on 30 June, European government officials are calling for the Bank to rebuild its credibility.