Jim Yong Kim resigns as World Bank president
by Phillip Inman from Economics | The Guardian on (#46EV5)
International aid community shocked by decision to quit three years early and join private sector
Jim Yong Kim has announced he is stepping down as the head of the World Bank, in a move that sent shockwaves through the international aid community.
He will leave by 1 February, three and a half years before the expiry of his term in 2022.
Founded in 1944 at the Bretton Woods conference as a vehicle to support the reconstruction of postwar Europe, the World Bank made its first loan to France in 1947.
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