And the next World Bank president is… Jim Yong Kim

On Monday, the executive directors of the World Bank met to pick the bank’s next president. This year was the first year that there were multiple nominees for the spot. And, in the end, the World Bank went with the U.S. nominee, public health expert Jim Yong Kim.


Jim Yong Kim it is. (Issei Kato/Reuters)

And what about the also-rans? Here are profiles of Kim’s main competitors, Nigerian finance minister Ngozi Okonjo-Iweala and former Colombian finance minister Jose Antonio Ocampo. Neither got the job, obviously, but they helped make the race competitive for the first time in the bank’s history. In its announcement, the World Bank’s board notes that those nominees “received support from different member countries, which reflected the high caliber of the candidates.”

Still, for 60 years the U.S. nominee has gotten the job. Perhaps five years from now, when Kim’s first term is up, things will be different. But not this year. So Kim it is.

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