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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