World Bank chief nomination saluted
Source: Xinhua |
March 25, 2012, Sunday
|
Print Edition
Print Edition
The South Korean government welcomed US President Barack Obama's nomination of Dartmouth College president Jim Yong Kim, a Seoul-born US citizen, to become the next president of the World Bank, the global lender that seeks to reduce poverty.
South Korean President Lee Myung Bak's office "highly appreciates" the nomination, which will "help the overseas Korean community," presidential spokesman Park Jeong Ha said yesterday in a statement.
Kim, 52, who has served as Dartmouth College president since 2009, moved with his family to the US when he was five. He graduated from Brown University in 1982 and in 1991, earned his master's degree from Harvard University, where he later led its department of Global Health and Social Medicine.
Kim received a MacArthur Foundation fellowship, popularly called a "genius award" in 2003. He also served as director of the World Health Organization's HIV/AIDS department, where he focused on initiatives to help developing countries improve their treatment, prevention and care programs.
"Kim is the best man to fulfill the duty as the president of the World Bank to reform the organization and continue the fight against poverty based on his vast experience in international health care and development," said Bahk Jae Wan, the South Korean minister of strategy and finance.
Jose Antonio Ocampo, a Colombian national and a professor at Columbia University in New York, and Ngozi Okonjo-Iweala, Nigeria's finance minister, are the two other nominees who will be considered for the president's post, the World Bank's board of executive directors said in a statement yesterday.
The board will make the final selection during a meeting on April 20. Kim is expected to secure the post, which has always been led by an American. He would succeed Robert Zoellick, a former US trade representative whose term ends in June.
The US customarily makes the appointment as the biggest shareholder in the Washington-based bank.
South Korean President Lee Myung Bak's office "highly appreciates" the nomination, which will "help the overseas Korean community," presidential spokesman Park Jeong Ha said yesterday in a statement.
Kim, 52, who has served as Dartmouth College president since 2009, moved with his family to the US when he was five. He graduated from Brown University in 1982 and in 1991, earned his master's degree from Harvard University, where he later led its department of Global Health and Social Medicine.
Kim received a MacArthur Foundation fellowship, popularly called a "genius award" in 2003. He also served as director of the World Health Organization's HIV/AIDS department, where he focused on initiatives to help developing countries improve their treatment, prevention and care programs.
"Kim is the best man to fulfill the duty as the president of the World Bank to reform the organization and continue the fight against poverty based on his vast experience in international health care and development," said Bahk Jae Wan, the South Korean minister of strategy and finance.
Jose Antonio Ocampo, a Colombian national and a professor at Columbia University in New York, and Ngozi Okonjo-Iweala, Nigeria's finance minister, are the two other nominees who will be considered for the president's post, the World Bank's board of executive directors said in a statement yesterday.
The board will make the final selection during a meeting on April 20. Kim is expected to secure the post, which has always been led by an American. He would succeed Robert Zoellick, a former US trade representative whose term ends in June.
The US customarily makes the appointment as the biggest shareholder in the Washington-based bank.
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