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Seoul hails Korean-American candidate for World Bank
 
SEOUL, March 24 (BSS/AFP) - South Korea on Saturday welcomed President Barack Obama's nomination of a Korean-born Ivy League college head to lead the World Bank, hailing him as the "right person" for the top job.

Obama on Friday named Jim Yong Kim, a US-raised physician who
is currently the president of Dartmouth College, to succeed
Robert Zoellick, who is scheduled to leave the World Bank in
June.

"We highly appreciate President Obama's decision to nominate
Kim and will cooperate more closely with the World Bank," the
presidential Blue House said in a statement.

"We believe that Kim is the right person to carry out the
duties to reform the World Bank and eradicate poverty, relying on
his experience in international health and development projects."

The United States' selection of Kim to lead the 187-nation
development lender makes him an instant favourite to get the
bank's top job.

He is challenged by two other candidates including Colombian
Jose Antonio Ocampo, a professor at Columbia University, and
Nigerian finance minister Ngozi Okonjo-Iweala.
 
 
 
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