World Bank President, Jim Yong Kim Resigns

President of the World Bank, Jim Yong Kim has resigned from his position.

Kim’s resignation will take effect from the 1st of February. He has said he will pursue investment opportunities in the private sector.

World Bank President, Jim Yong Kim

His decision has been described by sources within the World Bank as a personal one.

Kim’s tenure was due to expire in 2022, and his resignation has been described as shocking to the organisation.

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