Jim Young seeks new alignment of the World Bank
April 17, 2012  12:43

Korean-American physician Jim Yong Kim, who has been selected as new President of the World Bank, has said he will seek a new alignment of the body with a rapidly changing world.

"As President, I will seek a new alignment of the World Bank Group with a rapidly changing world," Kim said in a statement after the World Bank announced that he has been selected to replace Robert Zoellick on July 1.

"Together, with partners old and new, we will foster an institution that responds effectively to the needs of its diverse clients and donors; delivers more powerful results to support sustained growth ... amplifies the voices of developing countries ...," he said. 

The World Bank picked Seoul-born Kim over NigerianFinance Minister Ngozi Okonjo-Iweala.

« Back to LIVE

TOP STORIES