Former World Bank president rejoins Goldman Sachs

Wed Oct 9, 2013 1:43am IST

Former World Bank President Robert Zoelick waits for the start of a news conference on the launch of the new Congressional World Bank Caucus on Capitol Hill in Washington July 16, 2008. REUTERS/Jim Young/Files

Former World Bank President Robert Zoelick waits for the start of a news conference on the launch of the new Congressional World Bank Caucus on Capitol Hill in Washington July 16, 2008.

Credit: Reuters/Jim Young/Files

Related Topics

Stocks

   

REUTERS - Goldman Sachs Group Inc (GS.N) said on Monday that former World Bank Group President Robert Zoellick will rejoin the investment bank as chairman of its international advisory board.

The appointment marks Zoellick's second stint at Goldman Sachs. Before taking the helm of the World Bank in 2007, he served as vice chairman, international, at the bank.

Zoellick stepped down from the World Bank after his term ended in 2012. President Barack Obama tapped Dr. Jim Yong Kim, the former president of Dartmouth College, to replace him.

Since leaving the World Bank, Zoellick has also joined the board of Temasek Holdings, the sovereign wealth fund of Singapore, as well as the international advisory board of the Rolls-Royce Group RROYC.UL.

At Goldman Sachs, Zoellick will oversee an advisory board that helps identify sources of international business or investment for the bank's clients. Other members of the international advisory board include Otmar Issing, a former member of the executive board of the European Central Bank, and Erik ├ůsbrink, a former Swedish finance minister.

(Reporting by Peter Rudegeair; Editing by L Gevirtz and S Orlofsky)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

DLF Appeals

DLF Appeals

DLF seeks interim relief from capital market ban  Full Article 

Business Climate

Business Climate

Fears for tough penalties grow as India cleans up business  Full Article 

Falling Oil Prices

Falling Oil Prices

Indian consumers respond to softer oil, food prices  Full Article 

Pollution Levels

Pollution Levels

Delhi braces for worst air quality this Diwali week.  Full Article 

Fire Accident

Fire Accident

Firecracker market up in flames near Delhi  Video 

Yahoo Result

Yahoo Result

Yahoo ekes out Q3 revenue gain despite display ad weakness  Full Article 

Deal Talk

Deal Talk

Smartphone repair company B2X steps up expansion with Indian deal.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage