New World Bank President Named
Via the BBC: US choice Jim Yong Kim is new World Bank chief
US nominee Jim Yong Kim has been chosen as the new president of the World Bank.
The Korean-American health expert is currently the president of Dartmouth University.
Dr Kim will succeed Robert Zoellick, serving a five-year term beginning on 1 July, the World Bank said in a statement.
Aged 52, Jim Yong Kim is a doctor lauded for his pioneering role in treating HIV/Aids and reducing the impact of tuberculosis in the developing world.
This was the first time the slot was selected through competitive process. Kim was one of three finalists (and then one of two when one of the candidates withdrew).