The Executive Directors of the World Bank have selected Dr Jim Yong Kim as President for the World Bank Group for a five-year term beginning on July 1, 2012.
He replaces Mr Robert B. Zoellicks whose term of office will come to an end on June 30, 2012.
The executive directors followed the new selection process agreed in 2011 which, for the first time in the bank�s history, yielded multiple nominees.
This process included an open nomination where any national of the banks membership could be proposed by any executive director or governor, publication of the names of the candidates, interviews of the candidates by the executive directors, and final selection of the president.
The president is chair of the boards of directors of the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA).
The president is also ex officio chair of the boards of directors of the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the Administrative Council of the International
Centre for Settlement of Investment Disputes (ICSID).
�We, the Executive Directors, wish to express our deep appreciation to all the nominees, Jim Yong Kim, Jos� Antonio Ocampo and Ngozi Okonjo-Iweala. Their candidacies enriched the discussion of the role of the president and of the World Bank Group�s future direction. The final nominees received support from different member countries, which reflected the high caliber of the candidates.�
Dr Jim Yong Kim is currently the President of Dartmouth College. A U.S. national. Dr Kim is a co-founder of Partners in Health (PIH) and a former director of the Department of HIV/AIDS at the World Health Organisation (WHO).
Before assuming the Dartmouth presidency, Dr Kim held professorships at Harvard Medical School and the Harvard School of Public Health.
He also served as chair of the Department of Global Health and Social Medicine at Harvard Medical School, chief of the Division of Global Health Equity at Brigham and Womens Hospital, and director of the Fran�ois Xavier Bagnoud Center for Health and Human Rights at the Harvard School of Public Health.
Dr Kim was awarded a MacArthur Genius Fellowship (2003), named one of Americas 25 Best Leaders by US News & World Report (2005), and selected as one of TIME magazine�s 100 Most Influential People in the World (2006).
He was elected in 2004 to the Institute of Medicine of the National Academy of Sciences, one of the highest honours in the fields of health and medicine for his professional achievements and commitment to service.
He has published widely over the past two decades, authoring or co-authoring articles for leading academic and scientific journals, including the New England Journal of Medicine, Lancet, and Science.
Born in 1959 in Seoul, South Korea, Dr Kim moved with his family to the United States at the age of five and grew up in Muscatine, Iowa. Dr Kim graduated magna cum laude from Brown University in 1982.
He earned a medical doctorate from Harvard Medical School in 1991 and a Ph.D in anthropology from Harvard University in 1993. He is married to Dr Younsook Lim, a pediatrician. They have two young sons
Source: Daily Graphic
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