World Bank President Jim Yong Kim to step down
January 8th, 2019
World Bank President Jim Yong Kim announced that he will step down from his position on February 1 – much before the end of his term in 2022. Kim, 58, has been in this position for over six years now. In a statement, the World Bank said he will join a firm and focus on increasing infrastructure investments in developing countries. Kristalina Georgieva, World Bank CEO, will assume the role of interim President effective 1st of next month.