The World Bank board has unanimously approved the nomination of Deputy Defense Secretary Paul Wolfowitz to be the next president of the 184-nation institution. The board that approved him consists of 24 members. Earlier this month, President Bush surprised the international community by recommending Wolfowitz for the job. Wolfowitz’s is known as a hard-line foreign policy hawk, a leading neo-con and was one of the main architects of the invasion of Iraq. The bank traditionally has had a US president and its sister institution, the International Monetary Fund, is headed by a European. Protesters gathered outside of the World Bank headquarters in Washington DC in opposition to Wolfowitz’s approval. He takes over June 1.
