World bank gets HIV/Aids specialist as new head

GENEVA, SWITZERLAND – Dr Jim Yong Kim, the US candidate for president of the World Bank has been named to the post. He is currently president of Dartmouth College in the US and is well-known for his role in fighting HIV/Aids in developing countries. He takes up the job 1 July, following the resignation of Robert Zoelick, a former US diplomat.

Kim’s appointment is a sharp departure from previous ones, where the US named its candidate, but also where the emphasis was placed on a strong background in economics.. This time there were three names in the hat, Kim, Colombia’s former finance minister, Jose Antonio Ocampo, and Nigeria’s finance minister, Ngozi Okonjo-Iweala.

Links to other sites: World Bank official announcement, Aljazeera, Financial Times (registration), Washington Post