World Bank Group President Jim Yong Kim to Step Down on February
In a surprise move, World Bank President Jim Yong Kim on Monday announced that he will step down from his position on February 1 - much before the end of his term in 2022. Kim, 58, has been in this position for over six years now.
The president of the Washington-based World Bank has always been an American citizen nominated by the United States, which is the largest shareholder of this multilateral financial institution.
“It has been a great honour to serve as President of this remarkable institution, full of passionate individuals dedicated to the mission of ending extreme poverty in our lifetime,” Mr Kim said.
In a surprise move, World Bank President Jim Yong Kim on Monday announced that he will step down from his position on February 1 - much before the end of his term in 2022. Kim, 58, has been in this position for over six years now.
The president of the Washington-based World Bank has always been an American citizen nominated by the United States, which is the largest shareholder of this multilateral financial institution.
“It has been a great honour to serve as President of this remarkable institution, full of passionate individuals dedicated to the mission of ending extreme poverty in our lifetime,” Mr Kim said.
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