Subscribe Register Login

Monday, September 22, 2014, 1:24 p.m.
Top Picks - Arkansas Daily Deal

American Jim Yong Kim is chosen to lead World Bank

By The Associated Press

This article was published April 16, 2012 at 12:07 p.m.

president-barack-obama-stands-with-jim-yong-kim-his-nominee-to-be-the-next-world-bank-president-in-the-rose-garden-of-the-white-house-in-washington-friday-march-23-2012-kim-is-currently-the-president-of-dartmouth-college

President Barack Obama stands with Jim Yong Kim, his nominee to be the next World Bank President, in the Rose Garden of the White House in Washington, Friday, March 23, 2012. Kim is currently the president of Dartmouth College.

— 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 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 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.

Developing nations waged an unsuccessful challenge to Kim, 52, a physician and pioneer in treating HIV/AIDS and tuberculosis in the developing world.

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.

Comments on: American Jim Yong Kim is chosen to lead World Bank

To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Read our Terms of Use policy.

Subscribe Register Login

You must login to make comments.

TOP JOBS

  • Plumbers

    plumbers-Company seekingExp’d licensed journeyman plumbers, ...
    LITTLE ROCK, AR

  • Hydraulic mechanic

    Auto / — A9301Req # 19921Entergy Corporation, a Fortune 500...
    EL DORADO, AR

  • Behavioral health tech

    vantage point of northwest arkansas Is seeking qualified app...
    SPRINGDALE, AR

  • Pharmacy tech

    pharmacy tech 40 Hour Per Week Independent Retail Drug Scree...
    FAYETTEVILLE, AR

  • Senior sales representative

    This unique position pays, salary, commissions, overrides a...
    Little Rock, AR

Search 963 jobs >

Top Picks - Arkansas Daily Deal
Arkansas Online