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Jim Yong Kim Resigns As World Bank President - Business - Nairaland

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Jim Yong Kim Resigns As World Bank President by Nairatrenders: 8:31am On Jan 08
World Bank President Jim Yong Kim resigns. He announced that he would step down next month, more than three years before his current term was due to expire.

The decision ends Kim’s six-year tenure and may give US President Donald Trump decisive influence over the future leadership of the 189-member global development lender.

“It has been a great honor to serve as president of this remarkable institution, full of passionate individuals dedicated to the mission of ending extreme poverty in our lifetime,” Kim, 59, said in a statement.

Kim, who became the bank’s president in 2012, is to join an unnamed firm focusing on investments in developing countries, the bank said in a statement, and will return to the board of Partners-in-Health, which he co-founded.

World Bank CEO Kristalina Georgieva will serve as interim president upon Kim’s February 1 departure, the bank said in a statement.

Under Kim’s leadership, the bank set the goal of eliminating extreme poverty by 2030 and ramped up financing. Last year, it also won approval for a sharp $13 billion capital increase after acceding to requests from the Trump administration to curb loans to high-income countries like China.

Gist via :- https://nairatrend.com.ng/world-bank-president-jim-yong-kim-resigns/

3 Likes 1 Share

Re: Jim Yong Kim Resigns As World Bank President by Immanuels7(m): 8:36am On Jan 08
Okonjo Iweala it is time


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https://www.factboyz.com/2019/01/10-disturbing-stories.html

44 Likes 4 Shares

Re: Jim Yong Kim Resigns As World Bank President by fukushaki(m): 8:38am On Jan 08
grin
Re: Jim Yong Kim Resigns As World Bank President by Nairatrenders: 8:41am On Jan 08
grin
Immanuels7:
Okonjo Iweala it is time

17 Likes 1 Share

Re: Jim Yong Kim Resigns As World Bank President by MANNABBQGRILLS: 11:00am On Jan 08
“It has been a great honor to serve as president of this remarkable institution, full of passionate individuals dedicated to the mission of ending extreme poverty in our lifetime,” Kim, 59, said in a statement.
You did a yeoman's job.
Thumbs up man!
Let's wait for the next person that will take over.

5 Likes 2 Shares

Re: Jim Yong Kim Resigns As World Bank President by amalab30(m): 11:00am On Jan 08
We need HIM to resign too buh he doesn't listen to anybody.

82 Likes 4 Shares

Re: Jim Yong Kim Resigns As World Bank President by millionboi2: 11:01am On Jan 08
He should be investegatd
Re: Jim Yong Kim Resigns As World Bank President by Raltrending: 11:02am On Jan 08
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Re: Jim Yong Kim Resigns As World Bank President by bigtt76(f): 11:02am On Jan 08
After all the gara gara ....he run cheesy cheesy cheesy e for just allow Okonjo Iwela run di thing naaa


Nairatrenders:
World Bank President Jim Yong Kim resigns. He announced that he would step down next month, more than three years before his current term was due to expire.

The decision ends Kim’s six-year tenure and may give US President Donald Trump decisive influence over the future leadership of the 189-member global development lender.

“It has been a great honor to serve as president of this remarkable institution, full of passionate individuals dedicated to the mission of ending extreme poverty in our lifetime,” Kim, 59, said in a statement.

Kim, who became the bank’s president in 2012, is to join an unnamed firm focusing on investments in developing countries, the bank said in a statement, and will return to the board of Partners-in-Health, which he co-founded.

World Bank CEO Kristalina Georgieva will serve as interim president upon Kim’s February 1 departure, the bank said in a statement.

Under Kim’s leadership, the bank set the goal of eliminating extreme poverty by 2030 and ramped up financing. Last year, it also won approval for a sharp $13 billion capital increase after acceding to requests from the Trump administration to curb loans to high-income countries like China.

Gist via :- https://nairatrend.com.ng/world-bank-president-jim-yong-kim-resigns/

3 Likes

Re: Jim Yong Kim Resigns As World Bank President by aku626(m): 11:02am On Jan 08
Awww, he's a nice guy. very generous
Re: Jim Yong Kim Resigns As World Bank President by MANNABBQGRILLS: 11:02am On Jan 08
millionboi2:
He should be investegatd
We are not talking of CBN under PDP.
This is WORLD BANK!

17 Likes 3 Shares

Re: Jim Yong Kim Resigns As World Bank President by PhenomenalMorgan(m): 11:02am On Jan 08
Okonjo iweala go and dust ur CV gringrin
Thats if the VP wont replace him undecided
Re: Jim Yong Kim Resigns As World Bank President by ozoebuka1(m): 11:02am On Jan 08
Afonja can stay away... Okonjo on my mind.

7 Likes

Re: Jim Yong Kim Resigns As World Bank President by hushshinani(m): 11:03am On Jan 08
if the guy was a Nigerian, i bet he would never have resigned.

7 Likes 1 Share

Re: Jim Yong Kim Resigns As World Bank President by Gurusblend(m): 11:03am On Jan 08
To all those who don't put up a fight before resigning, kudos to them all.

4 Likes

Re: Jim Yong Kim Resigns As World Bank President by ninocia18(m): 11:03am On Jan 08
See wetin Buhari done cause now. Madam Ngee oya take the baton.

1 Like

Re: Jim Yong Kim Resigns As World Bank President by achimsemrys(m): 11:03am On Jan 08
what no man in Nigeria can do...
world bank

6 Likes

Re: Jim Yong Kim Resigns As World Bank President by superior1: 11:04am On Jan 08
Ok
Re: Jim Yong Kim Resigns As World Bank President by isrealisaac: 11:05am On Jan 08
Buhari should go and take that position it will benefit African and Nigeria

4 Likes

Re: Jim Yong Kim Resigns As World Bank President by Daniel058(m): 11:05am On Jan 08
one world government =2030


Rapture=?
Re: Jim Yong Kim Resigns As World Bank President by slawomir: 11:05am On Jan 08
Isoright
Re: Jim Yong Kim Resigns As World Bank President by Tundexxy(m): 11:05am On Jan 08
Immanuels7:
Okonjo Iweala it is time

Looting of world bank loading....

5 Likes 2 Shares

Re: Jim Yong Kim Resigns As World Bank President by PhenomenalMorgan(m): 11:05am On Jan 08
shockedshocked
This reminds me of someone,
One certain Finance Minister that resigned and ran away to London lipsrsealedgringrin

9 Likes 1 Share

Re: Jim Yong Kim Resigns As World Bank President by Onechancearmy(m): 11:06am On Jan 08
I put this one under the category of: "Things A Nigerian Politician Would Never Do"
Re: Jim Yong Kim Resigns As World Bank President by toprealman: 11:06am On Jan 08
That organisation can easily select one out of the many qualified candidates to fit in as president. Wish I can say same about Nigeria my country were we are struggling to get one sane head to lead us as a president!

6 Likes

Re: Jim Yong Kim Resigns As World Bank President by uniqueboi(m): 11:06am On Jan 08
There is a heavy blackmail underneath this resignation.

9 Likes

Re: Jim Yong Kim Resigns As World Bank President by Dannybammz: 11:06am On Jan 08
Really interested!i

1 Like

Re: Jim Yong Kim Resigns As World Bank President by jrusky(m): 11:07am On Jan 08
amalab30:
We need HIM to resign too buh he doesn't listen to anybody.

Nor read, said by Amaechi.

9 Likes 1 Share

Re: Jim Yong Kim Resigns As World Bank President by nasslick: 11:07am On Jan 08
This is something that rarely happens in my country.

2 Likes

Re: Jim Yong Kim Resigns As World Bank President by mytime24(f): 11:07am On Jan 08
Gud4him

1 Like

Re: Jim Yong Kim Resigns As World Bank President by bestman09(m): 11:07am On Jan 08
T

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