Sunday, March 25, 2012

Obama picks Jim Yong Kim for the role of President of the World Bank


U.S. President Barack Obama has nominated Jim Yong Kim, a Korean-born public health specialist who is now the President of Dartmouth College, for the role of President of the World Bank.
Following the recent announcement by current Bank President Robert Zoellick that he would step down from his role at the end of June, there has been much speculation on who his successor would be.
Questions were also raised about whether a representative of a non-U.S. country could be considered for the role, which has traditionally been held by U.S. citizens only, alongside European occupancy of the Managing Director role at the Bank's sister institution, the International Monetary Fund.

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