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World Bank board approves Zoellick

THE NATION | Nation in Brief / WASHINGTON, D.C.

June 26, 2007|From Times Wire Reports

Robert Zoellick, a seasoned player in international financial and diplomatic circles, won the unanimous approval of the World Bank's board to become the poverty-fighting institution's next president. He is to start Sunday, succeeding former deputy Defense Secretary Paul Wolfowitz, who was brought down by a scandal over his role in arranging a hefty pay raise for his girlfriend, a bank employee.

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