World Bank Elects New President

The World Bank of Directors today elected Dr. Jim Yong Kim to serve as president and will be leading World Bank on a five-year term.

Dr. Kim is set to assume his new post on July 1, 2012.

Reports say the selection of the World Bank president has been reportedly challenged by third world countries arguing non-American candidates should also be given a chance to take the post.

Dr. Kim is an American of Korean descent. He has worked as the director of the Department of HIV/AIDS at the World Health Organization (WHO).

bank
President Obama announces Dr. Jim Yong Kim as nominee to lead World Bank.

In addition, he also co-founded Partners in Health (PIH), a Massachusetts-based non-profit health care organization that provides health care to the less fortunate individuals.

Reports say Dr. Kim is highly-supported by the U.S. government.

Two other nominees also sought the job. They are Nigerian Finance Minister Ngozi Okonjo-Iweala and Jose Antonio Ocampo, a former Colombian finance minister.

The United States of America today congratulates Dr. Kim as the new president of World Bank.

In her remarks at DC, US Secretary of State Hillary Rodham Clinton said Dr. Kim is an excellent selection to lead the World Bank forward, build consensus with donor and borrowing countries, and encourage the increasingly important leadership role of developing countries.

Dr. Kim has demonstrated a deep commitment to solving some of the most pressing challenges the world faces, Ms. Clinton added.

Dr. Kim has he has worked to fight disease and hunger by pioneering innovative solutions and investing in people and communities for over 25 years.

The US government is looking forward to working with Dr. Kim as he shapes an even stronger World Bank.

“Together, we will help develop economies, build partnerships, and alleviate poverty.” -Ms. Clinton

On September 2009, global health pioneer Dr. Jim Yong Kim was inaugurated as the 17th President of Dartmouth College. A physician, educator and infectious disease expert, Dr. Kim also held professorships at Harvard Medical School and the Harvard School of Public Health. He also served as chair of the Department of Global Health and Social Medicine at Harvard Medical School.

Dr. Kim was born in 1959 in Seoul in South Korea. Dr. Kim moved with his family to the United States at the age of five. Hed grew up in Muscatine, Iowa. He graduated with flying colors as magna cum laude from Brown University in 1982.

Dr. Kim earned his medical doctorate from Harvard Medical School in 1991 and a Ph.D. in anthropology from Harvard University in 1993. He is married to Dr. Younsook Lim, a pediatrician and they have two young sons.

On March this year, President Obama announced Dr. Jim Yong Kim as nominee to lead World Bank.

Hot this week

Did David Wineland and Serge Haroche Steal Idea For The Nobel Physics Prize?

Dr. Omerbashich says the Royal Swedish Academy is a Crime Scene and he has the proof that Nobel laureates stole his discovery.

New Approaches to Disaster Relief Challenges

Disaster relief has always been a challenge. NASA, Google,...

3 Legitimate Money Making Methods to Supplement Your Income

In a perfect world, when your landlord raises your...

2016 Predictions by World Renowned Medium and Psychic Lindy Baker

World renowned medium and psychic Lindy Baker is interviewed by The Hollywood Sentinel, discussing psychic power, the spirit world, life after death, areas of concern in 2016, and much more.

Digital Coupon Customers Spending More Than Double At Stores

A new study shows that customers who use digital coupons go shopping more for groceries and other household goods more often and spend more on their shopping trips.

California Election System Faces Unusual Scrutiny as Hilton Presses for Change

California’s election system is under scrutiny from campaigns, federal investigators and voters, with Steve Hilton pressing for changes as major races shift.

Olivia Ramirez Smith and the Business of Reconnecting Women to the Earth

For more than two decades, Olivia Ramirez Smith has answered one question through books, films, retreats, and The Mother Earth Effect LLC: what would happen if women simply touched the ground again?

Why Tracking Your Net Worth Monthly Changes Your Financial Behavior

The Observer Effect in Personal Finance People often use the...

How Singh Law Firm’s Cross-Border Practice Is Redefining Mid-Market Counsel

A boutique firm with national reach is changing what mid-sized clients expect from outside legal

Australia CGT Tax Changes Threaten Investment Confidence, Young Investors

Australia’s CGT tax changes may hurt young investors, shares, crypto and small businesses as Treasury modelling faces criticism.

What Actually Works for Healthy Weight Loss in the Australian Market Today?

As an Australian, there is no lack of information...

Wind Farm Decommissioning Liability: Bird-Safety Research Raises Bigger Rural Question

Australia is studying how to reduce wind-farm bird deaths, but rural landholders still face unanswered questions over turbine foundations and cleanup costs.

Related Articles

Popular Categories