Photo: IvyGate via Felix Salmon
The World Bank just chose U.S. nominee Jim Yong Kim to be its next President, according to a Bloomberg headline.Kim was widely expected to receive the official nod as the Bank has always supported U.S. nominations.
The current President of Dartmouth College, Kim has substantial experience in international public health but little banking experience.
Up until his nomination, he was a relative no-name on the international politics scene.
His most notable public appearances seem to have been at Dartmouth, where the future World Bank President danced and sang with students participating in school-wide singing contests. Videos of those performances were posted on YouTube.
However, critics have also pointed to Kim’s mismanagement of systematic hazing on Dartmouth’s campus as a mark against his leadership.
Kim has already hinted that he would resign from his current position at Dartmouth if received the World Bank nod.
In case you’ve forgotten, here’s everything you need to know about Jim Yong Kim in 90 seconds (published March 23):
The World Bank released this statement on Kim’s selection:
WASHINGTON, April 16, 2012 – The Executive Directors met today to select a new President of the World Bank Group. The Board expressed its deep gratitude for Mr. Robert B. Zoellick’s outstanding leadership and his dedication to reducing poverty in its member countries, the core mandate of the World Bank Group.
The Executive Directors followed the new selection process agreed in 2011 which, for the first time in the Bank’s history, yielded multiple nominees. This process included an open nomination where any national of the Bank’s membership could be proposed by any Executive Director or Governor, publication of the names of the candidates, interviews of the candidates by the Executive Directors, and final selection of the President.
The Executive Directors selected Dr. Jim Yong Kim as President for a five-year term beginning on July 1, 2012. The President is Chair of the Boards of Directors of the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). The President is also ex officio Chair of the Boards of Directors of the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the Administrative Council of the International Centre for Settlement of Investment Disputes (ICSID).
We, the Executive Directors, wish to express our deep appreciation to all the nominees, Jim Yong Kim, José Antonio Ocampo and Ngozi Okonjo-Iweala. Their candidacies enriched the discussion of the role of the President and of the World Bank Group’s future direction. The final nominees received support from different member countries, which reflected the high calibre of the candidates. We all look forward to working with Dr. Kim when he assumes his responsibilities.
Dr. Jim Yong Kim is currently President of Dartmouth College. A U.S. national, Dr. Kim is a co-founder of Partners in Health (PIH) and a former director of the Department of HIV/AIDS at the World Health organisation (WHO). Before assuming the Dartmouth presidency, Dr. Kim held professorships at Harvard Medical School and the Harvard School of Public Health. He also served as chair of the Department of Global Health and Social Medicine at Harvard Medical School, chief of the Division of Global Health Equity at Brigham and Women’s Hospital, and director of the François Xavier Bagnoud centre for Health and Human Rights at the Harvard School of Public Health.
Dr. Kim was awarded a MacArthur “Genius” Fellowship (2003), was named one of America’s “25 Best Leaders” by US News & World Report (2005), and was selected as one of TIME magazine’s “100 Most Influential People in the World” (2006). He was elected in 2004 to the Institute of Medicine of the National Academy of Sciences—one of the highest honours in the fields of health and medicine—for his professional achievements and commitment to service. He has published widely over the past two decades, authoring or co-authoring articles for leading academic and scientific journals, including the New England Journal of Medicine, Lancet, and Science.
Born in 1959 in Seoul, South Korea, Dr. Kim moved with his family to the United States at the age of five and grew up in Muscatine, Iowa. Dr. Kim graduated magna cum laude from Brown University in 1982. He earned a medical doctorate from Harvard Medical School in 1991 and a Ph.D. in anthropology from Harvard University in 1993. He is married to Dr. Younsook Lim, a pediatrician. The couple has two young sons.