PRESS RELEASE

Closing of Nominations for President of World Bank

March 23, 2012

WASHINGTON, March 23, 2012 - The Board of Executive Directors of the World Bank confirmed today that, as announced on February 17, the period for submitting nominations for the position of the next President of the World Bank closed on Friday, March 23. The Board is pleased to announce that the following three nominees will be considered for the position:

Jim Yong Kim, a US national and President of Dartmouth College, New Hampshire

José Antonio Ocampo, a Colombian national and Professor at Columbia University, New York

Ngozi Okonjo-Iweala, a Nigerian national and Coordinating Minister of the Economy and Minister of Finance, Nigeria

In accordance with the procedures previously announced, the Executive Directors will conduct formal interviews of the three candidates in Washington, D.C., during the following weeks, with the expectation of selecting the new President by consensus by the 2012 Spring Meetings.

Media Contacts
PRESS RELEASE NO:
2012/346/SEC