Thursday, September 14, 2006

Will James Wolfensohn Move to Kazakhstan?

Shades of German Chancellor Schroeder working for Gazprom, the former World Bank chief has been offered a job in Almaty by Kazakh president Nursultan Nazarbaev, according to RIAN.ru:
Kazakhstan's President Nursultan Nazarbayev has offered the post of advisor in a project to develop a regional financial center to the World Bank's former president James Wolfensohn, a financial expert said Thursday.

The Kazakh government is implementing the project in Almaty, the country's financial capital, to attract foreign investors and help Kazakh business enter world stock markets.

"The former president of the World Bank, James Wolfensohn, met with the Kazakh president yesterday to discuss plans for the development of the center, and Wolfensohn was offered the post of advisor for financial development of the center in Almaty," said Arken Arystanov, chairman of the center's regulatory agency.