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WRAPUP 8-Obama taps public health expert for World Bank

24 March 2012 By admin

* U.S. nominates Dartmouth College president for World Bank

* Jim Yong Kim is expert on HIV/AIDS, South Korean born

* Nigerian Okonjo-Iweala, Colombian Ocampo also in race

* U.S. nominee expected to win post

By Lesley Wroughton

WASHINGTON, March 23 (Reuters) – U.S. President Barack
Obama on Friday nominated a Korean-American known for his work
in fighting disease in impoverished countries to lead the World
Bank, a job emerging economies are contesting for the first
time.

Jim Yong Kim, 52, is president of Dartmouth College, an Ivy
League school in New Hampshire, and former director of the
Department of HIV/AIDS at the World Health Organization.

Despite the challenge from emerging nations – Nigerian
Finance Minister Ngozi Okonjo-Iweala and former Colombian
finance minister Jose Antonio Ocampo were also nominated – the
United States is expected to maintain its grip on the job, which
it has held since the bank was founded after World War Two.
  Continued…





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Next: World Bank receives 3 nominations for presidency





Filed Under: South Africa Tagged With: news, reuters, south africa

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