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Paul Wolfowitz stepped down from the World Bank presidency
on Jun. 30, 2007 after serving less than half of his five-year
term. But the nepotism scandal that toppled the former U.S.
deputy defence secretary failed to inspire systemic reforms
at the Bank, as many critics and even Bank insiders had urged.
Instead, Washington quickly named another U.S. national, Robert
Zoellick, as the institution's new leader. Click here for
more in-depth coverage of the World Bank and other IFIs.
Paul D. Wolfowitz (b. Dec. 22, 1943)
March 2003 - U.S. Dep. Secretary of Defence,
"architect" of Iraq war
March 2005 - Confirmed as World Bank president
April 2006 - Launches World Bank anti-corruption
drive
April 2007 - "I made a mistake, for
which I'm sorry."
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