The World Bank has named US doctor Jim Yong Kim its next president. The appointment came as Mr Kim's only rival, Nigerian Finance Minister Ngozi Okonjo-Iweala, lashed out at Washington's perennial lock on the job.The US nominee faced a challenge for the first time ever.But there was little doubt that the Bank's most powerful shareholders - the United States, Europe and Japan - would support the Korean-American for the powerful job doling out money to developing countries.
Japan's finance minister signalled Tokyo's willingness to support Jim Yong Kim, the US nominee for the next World Bank chief, a report said. ||| Japan's finance minister on Tuesday signalled Tokyo's willingness to support Jim Yong K... Read Post
(WASHINGTON) — Senior administration officials say President Barack Obama is nominating Dartmouth College President Jim Yong Kim to head the World Bank. It’s a surprise choice for the World Bank’s top job. A physician by training, K... Read Post