U.S. Secretary of State Hillary Clinton is denying reports that she is campaigning to be the next head of the World Bank.

Secretary Clinton spoke Friday in Zambia, where she is attending a conference on U.S. trade preferences.

Clinton told reporters that she is not pursuing the World Bank position. She said the United States works closely with the Washington-based institution and wants to see it well led. But, Clinton added, she is “absolutely dedicated” to her current job.

Clinton, who became secretary of state in 2009, has long said she only intends to serve four years as the top U.S. diplomat.

The Reuters news agency Thursday quoted unnamed sources as saying she has been in discussions with the White House about leaving her job next year to become head of the World Bank if President Barack Obama decides not to renominate Robert Zoellick.

White House Press Secretary Jay Carney dismissed that scenario as “totally wrong.”