Jim Yong Kim resigns as president of the World Bank after six years in office – The Province

Jim Yong Kim resigns as president of the World Bank after six years in office - The Province


The president ofWorld Bank, Jim Yong Kim,has announced that it will leave this post after more than six years in the position, as reported by the financial institution in a statement.

The CEO of the World Bank,Kristalina Georgieva, will be responsible for taking over from the interim in the presidency from February 1 to Kim, whose position ended in 2022.

Jim Yong Kim, who leaves the Munidal Bank toland in private enterprise, where it will focus on increasing investments in infrastructure in developing countries, has acknowledged that it has been"A great honor"To exercise this position in an institution "full of passionate people dedicated to the mission of ending extreme poverty".

Under the leadership of Kim and with the support of the189 member countriesIn 2012, the World Bank established two objectives, such as ending extreme poverty by 2030 and promoting shared prosperity, focusing on the40% of the populationof developing countries.

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