The World Bank is expected to announce its new president next week. Tradition holds that this person is an American. But this year there are calls for the candidate to be a non-American. Ngozi Okonjo-Iweala is Nigeria’s Finance Minister and she has some influential backers. She will be on GPS this Sunday at 10am and 1pm EST.
Here's an excerpt:
Fareed Zakaria: Tell me, do you - do you feel that the president of the United States' pick to head the World Bank, Jim Yong Kim, is unqualified in the way that The Economist magazine editorialized this week?
Ngozi Okonjo-Iweala: I have tremendous respect for Dr. Jim Kim, the pick of the United States. But the argument is not really about nationality. The development committee of the World Bank, as well as the G20, have signed onto a merit-based open and transparent process for selecting the president of the World Bank. That means that it should be done based on who is best qualified from anywhere, regardless of nationality. So I think that, you know, we took that seriously. The leaders of the continent of Africa, who asked me to be a nominee, I think, took this seriously.