World Bank Board unanimously confirms Paul D. Wolfowitz as 10th Bank President.

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M2 PRESSWIRE-1 April 2005-WORLD BANK: World Bank Board unanimously confirms Paul D. Wolfowitz as 10th Bank President(C)1994-2005 M2 COMMUNICATIONS LTD RDATE:31032005 WASHINGTON - The Executive Directors of the World Bank met today to select a new President of the World Bank following Mr.

James D. Wolfensohn's ten years of service as President of the World Bank. The Board expressed its deep appreciation for his outstanding leadership of the World Bank Group and for his passion for poverty reduction, the Bank's core mandate. The Executive Directors unanimously selected Mr. Paul Wolfowitz, effective June 1, 2005, to succeed Mr. Wolfensohn as President of the World Bank, when the latter retires on May 31, 2005. As an international civil servant of a...