Statement of Robert B. Zoellick

Washington, June 25, 2007 -  I am most appreciative of the confidence expressed by the unanimous vote of the Board of Directors appointing me as the next President of the World Bank. It is a special honor and responsibility, and I am ready to get to work.

I have benefited greatly from my meetings with the Board members – both individually and collectively – and value their insight, experience, and support.   I look forward to working with them, the Governors of the World Bank, and the highly qualified and committed staff to refocus our energies on the vital work ahead.

Once I start at the World Bank, I will be eager to meet the people who drive the agenda of overcoming poverty in all regions, with particular attention to Africa, advancing social and economic development, investing in growth, and encouraging hope, opportunity, and dignity.   I know of the staff’s passion for this mission.   And I respect the staff’s proud record, continuing search for learning and improvement, and commitment to results.

I look forward to meeting promptly with and learning from the senior management and staff of the World Bank Group, including the International Development Association (IDA), the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA) as soon as I begin.   I also want to meet and get the advice of the leadership of the staff association.

I want to start to gain the perspectives and experience of all the people in the World Bank Group, including the staff working on the frontline of development in the field.

During my recent trip to Africa, Europe, and Latin America, the World Bank’s diverse stakeholders told me time and again of the high quality and skill of the staff with whom they work.   I am proud to be with them.

The Bank’s Board, staff, and many stakeholders know we face large challenges.   We should approach them with a humility gained through years of experience.  The world has changed enormously since the creation of the Bank some 60 years ago.   This accomplished institution of development, reconstruction, and finance not only needs to adapt: It must lead the way to achieving sustainable globalization, founded upon inclusive growth, opportunity, and respect for personal dignity.

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