Political Headlines April 16, 2012: President Barack Obama’s Nominee & Darmouth President Jim Yong Kim Named World Bank President

POLITICAL HEADLINES

OBAMA PRESIDENCY & THE 112TH CONGRESS:

THE HEADLINES….

IN FOCUS: PRESIDENT OBAMA’S NOMINEE & DARMOUTH PRESIDENT JIM YONG KIM NAMED WORLD BANK PRESIDENT

Dartmouth President & President Obama nominee Jim Yong Kim named World Bank president: The World Bank named Jim Yong Kim, Dartmouth College’s president, as its new chief on Monday after an unprecedented competition against nominees from Nigeria and Colombia.
In a statement Monday afternoon, the bank board said it had chosen Kim as the institution’s 12th president to succeed Robert Zoellick when his five-year term ends in June. WaPo, 4-16-12

  • American Jim Yong Kim is chosen to lead World Bank: Jim Yong Kim, an American who is president of Dartmouth College, has been chosen to be the next president of the World Bank. His selection Monday extends the U.S. hold on the top job at the 187-nation development agency.
    Kim, a surprise nominee of President Barack Obama, was selected Monday in a vote by the World Bank’s 25-member executive board. He’ll succeed Robert Zoellick, who’s stepping down after a five year term.
    Developing nations waged an unsuccessful challenge to Kim, 52, a physician and pioneer in treating HIV/AIDS and tuberculosis in the developing world.
    Kim issued a statement accepting the job from Lima, Peru, his last stop on a global tour that took him to Africa, Asia and Latin American, seeking support from developing countries. He praised his two opponents from developing countries and said his goal as president would be to “seek a new alignment of the World Bank with a rapidly changing world.”… – AP, 4-16-12

Statement by the President on the selection of Dr. Jim Yong Kim as World Bank President

On behalf of the United States, I would like to offer my congratulations to Dr. Jim Yong Kim on his selection as the next President of the World Bank.  I am confident that Dr. Kim will be an inclusive leader who will bring to the Bank a passion for and deep knowledge of development, a commitment to sustained economic growth, and the ability to respond to complex challenges and seize new opportunities. I appreciate the strong support offered to Dr. Kim from leaders around the world.

I am also pleased that this has been an open and transparent process, and would like to take this opportunity to acknowledge the outstanding qualifications and commitment of the other two candidates.  I look forward to working with Dr. Kim and our partners throughout the world in support of a strong and effective World Bank.

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