The World Bank chose Jim Yong Kim as its next president yesterday, ending a bitter selection process that the US nominee’s main rivals said was not decided on merit.
Dr Kim, a public health expert and former president of Dartmouth College, becomes the first World Bank leader with a background in development. Previous presidents have been bankers or Washington officials.
Dr Kim will have to consolidate his authority after both of his rivals, Ngozi Okonjo-Iweala, Nigeria’s finance minister, and José Antonio Ocampo, a former Colombian finance minister, said he was the weaker candidate.
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