Kim exit sparks fears of Trump plant at World Bank

Kim, Jim Yong (World Bank) Oct 2017 from PA 230x150
By GlobalCapital
10 Jan 2019

The surprise decision by Jim Yong Kim to quit as president of the World Bank and join a private fund has triggered a race for the top job in development finance, at a time when the US, the Bank's largest shareholder, is hostile to multilateralism. By Phil Thornton

Four days after Kim's shock resignation there are still more questions than answers over why he quit and who will take over the reins of one of the world’s largest multilateral development agencies.

The news that broke at midday on Monday Washington time astonished the Bank's 10,000 employees, ...

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