Obama backs public health expert for World Bank top job

Jim Yong Kim, 52, a Korean American was nominated as the head of the World Bank by Barack Obama on Friday. Kim is president of Dartmouth College and also a former director at the World Health Organization. Robert Zoellick, the current President steps down at the end of June.

Ngozi Okonjo-Iweala, Finance Minister of Nigeria and former Colombian finance minister Jose Antonio Ocampo were also nominated but the candidate backed by US is expected to win. Obama said that Kim had worked from major countries, capitals and small towns. He also added if anyone is willing to work hard and lookout for others, they can go any distance. The World Bank Presidency in the past has had many candidates from political circles and this nomination comes as a surprise.

Okonjo-Iweala, economist and diplomat, will be supported by emerging countries like Angola, Nigeria and South Africa in order to have the bank’s focus more on their economic growth than poverty-fighting. Another nominee, Jose Antonio Ocampo, was nominated by Brazil to overturn the tradition of having an American as President. “It is not a slam dunk. It is not an obvious choice,” said Arvind Subramanian, a former IMF official about the US nomination. He also said there will also be assessments of merits of the candidates, debates and the direction of the bank’s focus.

Hillary Clinton: From First Lady to Secretary Of State and Now World Bank Head?

Hillary Clinton is one of the very few American women who have done it all. She has been the first lady by default after her husband’s win, she became a Presidential hopeful until giving up against to the current president and was then the Secretary of State, a position she currently holds. If she has done all this and possible more with grace is a question open to the readers as there are as many fans of this blonde all-American former first lady as there are critics. Her race for the Presidential position not so long ago got her brickbats for less than qualified comments and gaffes and untimed laughs that made her a social media joke to some extent. However, the position she undertook also got her fans in the American women, most gay men and most feminists of the country.

 

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