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World Bank President Jim Yong Kim announces resignation

After more than six years at the helm of the world Bank President Jim Yong Kim has announced surprisingly its resignation. The American wants to use his office to 1. February give up.

the President of The world Bank, Jim Yong Kim, has announced his resignation. Kim will be in Post 1. February, informed the world Bank. The 59-Year-old said that he was going to join a company that is taking care of the Development of infrastructure projects in developing countries. It's been his "great honor", of the Institution to preside over more than six years, cited the Bank's outgoing President.

Kim had on 1. July 2017 commenced his second term of office, which should last until mid-2022. His duties will be taken over from February temporarily from the world Bank-Manager, Kristalina Georgieva.

Not a Banker, but a physician

His first term had begun, Kim 2012 as the successor to Robert Zoellick. In contrast to his predecessors, he was not a politician, Banker or Diplomat, but a physician. He has gathered international experience mainly as Director for Aids at the world health organization WTO. Kim was born in 1959 in South Korea and grew up in the United States.

Since the founding of the world Bank after the Second world war, the chief post of the house, with headquarters in Washington, is occupied traditionally by the USA. One of the tasks of the Institute in the fight against poverty. The sister organization of the IMF directs, in contrast, usually Europeans, at the moment, the French woman Christine Lagarde.

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