World Bank President Jim Yong Kim Is Nominated for a Second Term
ByCreditSaurabh Das/Associated Press
WASHINGTON — President Obama on Thursday nominated Jim Yong Kim for a second five-year term as president of the World Bank despite persistent complaints among employees about his leadership at a time when the mission of the global development institution is in question.
The bank’s board announced two days earlier that it was beginning to consider who would be its next president, inviting nominations as it did for the first time in 2012. While many World Bank watchers expect Mr. Kim to be reappointed, given the seven-decade tradition of choosing an American picked by the United States, the bank’s largest contributor, they say he will have to work to solidify support…
World Bank President Jim Yong Kim Is Nominated for a Second Term