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.
(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
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