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March 26, 2012

Obama Nominates Jim Yong Kim To Head World Bank 
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President Obama has nominated Dartmouth President Jim Yong Kim to become
the next president of the World Bank. Kim co-founded Partners in Health
with Dr. Paul Farmer and is well known among development experts for his
work in fighting HIV/AIDS. President Obama announced Kim's nomination on
Friday.

President Obama: "I believe that nobody is more qualified to carry out
that mission than Dr. Jim Kim. It's time for a development professional
to lead the world's largest development agency. And that is why today
after a careful and thorough search, I am nominating Dr. Jim Kim to be
the next president of the World Bank."

Washington's hold on the World Bank presidency is being contested for
the first time by candidates from Africa and South America. Nigerian
Finance Minister Ngozi Okonjo-Iweala and former Colombian finance
minister Jose Antonio Ocampo, have also been nominated for the post.



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