Saturday, January 13, 2007

"World Bank President Paul Wolfowitz faces mounting criticism from directors of the international lending organization who say he relies on a coterie of political advisers with little expertise in development while driving away seasoned managers. Half of the bank's 29 highest-level executives have departed since Wolfowitz, the former U.S. deputy Defense secretary and an architect of President George W. Bush's invasion of Iraq, took office in June 2005. Among them is Christiaan Poortman, vice president for the Middle East and a 30-year World Bank veteran, who left in September after resisting pressure to speed up the pace of lending and adding staff in Iraq." (thanks F.)