The World Bank is expected to announce its new president in the next several days. For the past six decades, the bank has been led by an American. President Obama has already nominated Dartmouth College President Jim Yong Kim for the job. But for the first time in its more than 60-year history, there is serious international competition for the job.
At the college of Dartmouth, in the year '24 There lived a young humorist named Theodor. Though boozing was banned as a crime and a sin, Theo hosted a party with plenty of gin. But then in through the door without even a knock Burst the grinch who stole gin-mas: Dean Craven Laycock.
The dean started shouting. His face turned bright red. "Put down your tumbler and listen up, Ted! I'm kicking you out of those clubs that you're in. Your work won't be published at Dartmouth again!"
Jim Yong Kim, President Obama's nominee to be the leader of the World Bank, is an unconventional choice. As a global health expert, he's a medical doctor who helped start an international health organization. He currently serves as president of Dartmouth College.
"Despite its name, the World Bank is more than just a bank," Obama told reporters during the White House announcement Friday morning. "It's time for a development professional to lead the world's largest development agency."