Hayek lays out World Bank agenda as presidential race thrown into chaos

By GlobalCapital
07 Mar 2019

Lebanese investment banker Ziad Hayek set out his programme for running the World Bank this week, as the process for selecting the president of the world’s biggest development lender fell into a mire of confusion. In an interview with GlobalCapital, Hayek said his pitch to World Bank shareholders focused on migration, infrastructure finance, climate change, and co-operation with China. By Phil Thornton.

This puts him in stark contrast to David Malpass, the US’s nominee, who critics fear will use the Bank to promote US president Donald Trump’s agenda on climate change and disengagement from China.

However, the prospect of a race for the top job at the bank was thrown into ...

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