The World Bank on Monday chose Korean-born
American health expert Jim Yong Kim as its new president, maintaining
Washington's grip on the job and leaving developing countries questioning the
selection process.
Kim,
52, won the job over Nigeria's widely respected finance minister, Ngozi
Okonjo-Iweala, with the support of Washington's allies in Western Europe,
Japan, Canada and some emerging market economies, including Russia, Mexico and
South Korea.
Unlike
previous World Bank elections, the decision was not unanimous. "The final
nominees received support from different member countries, which reflected the
high calibre of the candidates," the Bank said in announcing its board's
decision.
Kim,
president of Dartmouth College, will assume his new post on July 1.
Reuters
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