Kim selected as new president of World Bank

Jim Young Kim (52) has been selected as the new president of world bank. U.S president Barack Obama referred his name as the president of world bank. China & India also voted for him. He has been selected to replace for Robert Zoellick on July 1 and in World Bank history it's the first time that any non-American is going to be   placed as president of World Bank.

"As President, I will seek a new alignment of the World Bank Group with a rapidly changing world," Kim said in a statement after the World Bank announced his as next president.

Kim is a Korean-American physician. He is currently president of Dartmouth College. The US national, Kim is a co-founder of Partners in Health (PIH) and a former director of the Department of HIV/AIDS at the World Health Organization (WHO).