HUFFINGTON POST: Jim Yong Kim, an American who is president of Dartmouth College, has been chosen to be the next president of the World Bank. His selection Monday extends the U.S. hold on the top job at the 187-nation development agency.
Kim, a surprise nominee of President Barack Obama, was selected Monday in a vote by the World Bank’s 25-member executive board. He’ll succeed Robert Zoellick, who’s stepping down after a five year term… Kim’s selection marks a break from previous World Bank leaders who were typically political, legal or economic figures. The World Bank raises money from its member nations and borrows from investors to provide low-cost loans to developing countries…
Kim’s selection marks a break from previous World Bank leaders who were typically political, legal or economic figures. The World Bank raises money from its member nations and borrows from investors to provide low-cost loans to developing countries… (more)
