Reasons Why USA Rejected Dr. Mrs Ngozi Okonjo-Iweala As World Bank President Nominee 

Who was shocked when President Barack Obama & USA rejected our country's Finance minister Dr. Ngozi Okonjo Iweala for the toppest World Bank job?

Well, here are the reasons United States gave for bouncing Dr Ngozi and nominating Mr. Jim Yong Kim instead. (as reported by Punchng & Vanguardngr)

• USA just has to be in charge of a global organisation.

 World Bank is the only global organisation they are currently heading.

• If their person wasn't the World Bank President, it would become difficult for White House to get funding from Congress for the global lender, especially with lawmakers worried about mounting budget deficits.

• They strongly beleive their candidate Mr. Jim Yong Kim is the best option as to commanding broad support across the world.

Hmm. Ok oo.

A lil background info aboutthese three World Bank President Nominees:

Mr. Jim Yong Kim is a:

• US national and President of Dartmouth College, New Hampshire.
• He is Korean-born and 52 years old.
• He is different or is a change from the financiers and bureaucrats who have run the World Bank before now.

This is because Kim is a Korean-American health expert.
Kim is well known among development experts for his work in fighting HIV/AIDS and bringing health care to the poor.
Mr Kim lacks experience in boosting economic growth, a key function of a World Bank President.
So he will need to develop a deep understanding of the broader development agenda of the bank.

José Antonio Ocampo is a:

• Colombian nationaland Professor at Columbia University, New York.
• Mr Jose Antonio Ocampo is 59 years old and former Colombian Finance minister
• He is a US-trained economist who has excellent credentials in academia, national politics and at the United Nations.
• Mr. Jose has held posts as Agriculture Minister, Planning Minister and Central Bank chairman in Colombia’s government.

Dr Ngozi Okonjo-Iweala, as we all know is a:

• Nigerian and Coordinating Minister of the Economy and Minister of Finance of Nigeria
• Dr. Ngozi Okonjo-Iweala is 57 and mother of four children.
• She is a respected economist and diplomat.
• Has worked for more than 20 years in different positions at the World Bank

Last friday, the World Bank Board of Executives closed nominations and announced they will consider these three for the top World Bank president position.

The three nominees will go through formal interviews in Washington D.C and the new President will be selected by consensus at the Springs Meeting 2012 slated for April 21 to 23 and announced!!

Do you think our Dr. Ngozi Okonjo -Iweala can make it?

Fingers crossed!!

Sincerely, I pray she does.