World Bank Group President Robert B. Zoellick announced today he would step down at the end of a five-year term in which a transformed Bank played an historic role during the global economic crisis, using record replenishments to provide more than $247 billion to help developing countries boost growth and overcome poverty.

During his five year term Robert provided a record $247 billion of support in the key areas of infrastructure, the private sector, agriculture, trade finance, social safety nets, education, health, and the environment.

He also alerted the world over the forthcoming food crisis, and helped marshal new resources and tools to address it. World Bank agriculture lending increased to $6 billion per year

Stone T

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