The United States’ candidate, Jim Yong
Kim, has been appointed as the new
President of the World Bank,
maintaining a long-standing US tradition
of holding the World Bank top spot.
The Korean-American man, who is
currently the president of Dartmouth
University, was nominated for the
position by US President Barack Obama.
He will succeed Robert Zoellick as
President of the bank and serve a five
year term that will begin on 1 July, the
World Bank said in a statement.
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