Subscribe Register Login

Saturday, April 19, 2014, 4:50 a.m.
Top Picks - Capture Arkansas

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

  • Dietary aide

    dietary aidenow taking applications for part-time weekend di...
    NORTH LITTLE ROCK, AR

  • Inside sales

    Asst. Yard Mgr. - Whit Davis Lumber Co in Jacksonville. Must...
    JACKSONVILLE, AR

  • Electrician, license

    electrician, licensedsign company based in Conway needs an e...
    CONWAY, AR

  • Drafting instructor

    Arkansas Tech University — Career Center invites application...
    OZARK, AR

  • Cnas

    positions available Apply in person to Sherwood Nursing & R...
    SHERWOOD, AR

Search 749 jobs >

Top Picks - Capture Arkansas
Arkansas Online