IMF will choose new leader on merit: WB
World Bank head Robert Zoellick said yesterday he was certain that the IMF would choose a new leader based on merit rather than politics after the resignation of managing director Dominique Strauss-Kahn.
Asked whether the process to replace Strauss-Kahn, who was arrested in New York for sexual assault, would be based on individual qualifications, Zoellick replied "I'm sure it will."
"There's a process that the (IMF member) countries will use ... and you can see it's starting to take form now," he said.
"I'm sure they'll pick a fine person."
Strauss-Kahn's resignation announced at midnight Wednesday, four days after he was arrested for sexually assaulting a hotel chambermaid in New York.
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