Bloomberg News: World Bank Appoints President Jim Yong Kim for Second Term
“Jim Yong Kim was appointed for another five-year term as World Bank president … In re-appointing Kim, the board cited his ‘leadership and vision,’ which included overseeing a commitment by member nations to end extreme poverty by 2030 and boost income growth for the bottom 40 percent of earners in every developing nation, the lender said in an e-mailed statement on Tuesday. Kim’s new term will begin July 1, 2017…” (Mayeda, 9/27).