Indian Named to Key Post at World Bank
In its first major decision, human resources, since the resumption as president of the World Bank in June last year, James D. Wolfensohn last month, a restructuring of the Bank of clear lines of authority, increasing the number of directors to five, including India Gautam Kaji.
Contrary to rumors, changes Wolfensohn, the evolution rather than revolutionary, was a departure from the current system of the bank, which has three specific without portfolio managers, working closely with the president. With the increase, Mr. Wolfensohn said that the scheduled dates “well-defined areas of responsibility.