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Updated: Feb. 15, 2012 Robert B.
Zoellick, a former deputy secretary of state and Goldman Sachs executive, is president of the .
Mr.
Zoellick presided over the first increase in the bank& # 8217; s general financial resources in two decades.
According to the bank, he helped to raise a record $ 90 billion for the bank& # 8217; s fund for the world& # 8217; s poorest, the International Development Association. & # 8220; The bank has recognized that we live in a world of multiple poles of growth, where traditional concepts of the & # 8216; third world& # 8217; are now outdated and where developing countries have a key role to play as growth- drivers and responsible stakeholders, & # 8221; Mr. Zoellick announcing his departure.
Mr. Zoellick, who was appointed to the World Bank post by President George W. Bush, has also pushed the bank to open not just its coffers, but , giving public access to its much- prized sets of information on the world economy. As Deputy Secretary of State, Mr. Zoellick was the primary architect of the Bush administration& # 8217; s policy toward Sudan. He also served as U.
Trade Representative from February 2001 to February 2005.
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