Bloomberg News

Ocampo Withdraws From World Bank Contest, Portafolio Reports

April 13, 2012

Jose Antonio Ocampo, a former Colombian finance minister, has withdrawn his candidacy to become the next World Bank president because he lacks support for the job, Bogota-based newspaper Portafolio reported today, citing a letter written by the economist.

Ocampo now supports the candidacy of Nigeria's Finance Minister Ngozi Okonjo-Iweala over U.S. nominee Jim Yong Kim, the newspaper reported.

To contact the reporter on this story: Randall Woods in Santiago at rwoods13@bloomberg.net

To contact the editor responsible for this story: Joshua Goodman at jgoodman19@bloomberg.net


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