Washington - US President George W Bush finalized the name of  Condoleezza Rice, his National Security Advisor, to replace Colin Powell as secretary of state.  Though it was announced by a senior administration on Monday that Rice would replace Powell, but President Bush confirmed it on Tuesday. However, Powell quit on Monday itself.

Powell did not look to be happy, however, he simply said, “It has always been my intention to serve only one term.”

Rice, 50, will become the first female black secretary of state. Deputy National Security Adviser Stephen Hadley will replace her.