Wolfowitz Must Go, Say 42 Former World Bank Executives

Wolfowitz Must Go, Say 42 Former World Bank Executives

"We believe that he can no longer be an effective leader," said the letter, which was signed by former World Bank No. 2 under Wolfowitz Shengman Zhang, amongst others.

"He has lost the trust and respect of bank staff at all levels, provoked a rift among senior managers, developed tense relations with the board, damaged his own credibility on good governance -- his flagship issue -- and alienated some key shareholders at a time when their support is essential for a successful replenishment of the resources needed to help the poorest countries, especially in Africa."

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