Bloomberg News

Ocampo Said to Withdraw Candidacy for World Bank Presidency

April 13, 2012

Former Colombian Finance Minister Jose Antonio Ocampo withdrew his candidacy to head the World Bank, according to two officials on the lender’s board.

The board will meet April 16 to decide between U.S. nominee Jim Yong Kim and Nigerian Finance Minister Ngozi Okonjo-Iweala, according to the officials, who spoke on condition they would not be named since the talks are not public.

To contact the reporter on this story: Sandrine Rastello in Washington at srastello@bloomberg.net

To contact the editor responsible for this story: Chris Wellisz at cwellisz@bloomberg.net


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