The White House said Friday it will move quickly to find a successor for departing World Bank President Paul Wolfowitz as the administration sought to rebuild relationships strained by the controversy.
Wolfowitz a day earlier announced that he would step down at the end of June, his leadership undermined by a furor over compensation he arranged in 2005 for Shaha Riza, a bank employee and girlfriend.
Wolfowitz's departure ends a two-year run at the development bank that was marked by controversy from the start, given his previous role as a major architect of the Iraq war when he served as the No. 2 official at the Pentagon.
It also ends a potential political headache for President Bush, who had named Wolfowitz to the post.
The Wolfowitz flap had been seen as a growing liability that threatened to tarnish the poverty-fighting institution's reputation and hobble its ability to persuade countries around the world to contribute billions of dollars to provide financial assistance to poor nations.
May 18, 2007
Possible replacement for Wolfowitz
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