world bank chief kim heads for second term as no other nominees
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

World Bank chief Kim heads for second term as no other nominees

Arab Today, arab today

Arab Today, arab today World Bank chief Kim heads for second term as no other nominees

Washington economy
Washington - Arab Today

World Bank President Jim Yong Kim effectively won a second five-year term after nominations to lead the global development bank closed Wednesday with no other candidates proposed.

The World Bank executive board said in a statement that, following official procedures, it would formally meet with Kim as a candidate "with the expectation of completing the selection process by the 2016 Annual Meetings," which take place on October 7-9.

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