Jim Yong Kim has decided to leave his position as the President of the World Bank after been at that post for the last six years.
He was elected for the second time in 2017 for five years. He will officially leave his post on February 1.
He has released a statement saying what a honour it was.
The World’s Bank CEO, Kristalina Georgieva will become the interim president till the replacement.
The World Bank was instituted after World War II with a process that an American will head the WB and an European will be the President of IMF.
Will President Trump change this rule?
Mr. Kim’s climatic stances were different to President’s Trump.
He was born in Seoul, South Korea and trained as a medical doctor. He was Barack Obama’s candidate in both the tenures.
He was the 41st Power People in Forbes, 2018.
Managing editor of the Chicago Morning Star
Related Posts
A 2-year-old child lost his life in a Saudi Airlines plane in an unfortunate incident.
The military court in Riyadh, the capital of Saudi Arabia, has sentenced 38 terrorists. Several
The Afghan government announced the release of three Taliban leaders in an exchange of two
The fear of Hindu-Muslim riots rose after the decision of the Babri Mosque case. According
New Delhi, the capital city of India, has become a gas chamber due to the
The Cabinet of Ministers of Ukraine fired the head of the State Space Agency Pavel
A new Ambassador Extraordinary and Plenipotentiary of Ukraine to People’s Republic of China may become
A military check post in Mali, an African country, was attacked by some unknown people.
Facebook has announced to pay the £500,000 fine imposed by the UK. The British Information
Christophe Castaner, the French interior minister, advised the police to stay high alert after the
