World Bank appointment getting 'careful attention'

World Bank President James Wolfensohn told staff on Wednesday 26 January that the search for his successor was getting "careful attention" from the Bush Treasury but he was tight lipped on possible candidates.

Reuters quoted observers saying the appointment of a new World Bank chief is "not an urgent priority" for the Bush administration.

U.S. consultations with other major bank shareholders are currently underway, but European sources say no single candidate has emerged as a favourite.