The World Bank's powerful staff association has called for an international search for a replacement to President Jim Yong Kim, pointing to a “crisis of leadership” at the bank just as he begins a campaign for a second five-year term.
“The world has changed, and we must change with it. Unless we revisit the rules-of-the-game, the World Bank Group faces the real possibility of becoming an anachronism on the international stage,” the leaders of the staff association wrote in a letter to the bank’s board seen by the Financial Times.
Mr Kim was appointed president of the World Bank in 2012 and his term runs out next June.
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