WASHINGTON May 18 Former Nigerian Finance
Minister Ngozi Okonjo-Iweala, whose name has topped lists of
non-Americans to head the World Bank, said she had not been
approached about the job.
In a telephone interview with Reuters, Okonjo-Iweala said
she was convinced the poverty-fighting institution would be
able to overcome damage caused by a pay and promotion scandal
that forced the resignation of Paul Wolfowitz on Thursday.
Asked if she would be interested in leading the bank, the
former World Bank executive said: "No one has asked me, let me
make that clear. But who wouldn't be interested?"
While Okonjo-Iweala's name has been tossed around Internet
and other circles as a possible candidate to replace Wolfowitz,
a non-American has never been nominated to head the bank.
The White House indicated on Thursday it was not about to
change that tradition.
"What has happened has happened. It's time to move on,"
said Okonjo-Iweala, a distinguished visiting fellow at the
Washington-based Brookings Institution, adding that developing
countries ought to get a stronger voice in running the World
"It is an institution that is very worthy and I really
believe in the institution. It needs a lot of healing."
Okonjo-Iweala has been praised for her fight against
corruption and spearheading free-market reforms in her native
Nigeria, one of the most corrupt countries in the world.
When she was suddenly reassigned by President Olusegun
Obasanjo to foreign minister in 2006, a move that was never
properly explained, Wolfowitz traveled to Nigeria where he
praised her leadership and fight against corruption.
Anti-poverty activist and U2 singer Bono has also shared
platforms with her and praised her work.
In the interview, Okonjo-Iweala said that as a former World
Bank official who had also been in government, she knew the
"The World Bank still has a very strong role to play, not
only for poor countries but also for middle-income countries,
not only for Africa but also developing countries, so it's an
institution that needs to be nurtured," she said.
Wolfowitz found an ally in Okonjo-Iweala in his fight to
make anti-corruption and good governance more of a priority in
the World Bank, eventually succeeding in passing a strategy
that put it at the forefront of the bank's work in poor
Later, as the controversy swirled around him, World Bank
staff accused Wolfowitz of having "double standards" and "not
practicing what he preaches."
But Okonjo-Iweala said his anti-corruption strategy could
still be effective, even after his resignation.
"The anti-corruption initiative started before Mr.
Wolfowitz, who gave it a strong push," she said. "I think it
will be continued and should be continued."
For the story on Wolfowitz's resignation [ID:nN18356649]