WB President to seek for new global alignment

Accra, April 17, GNA – Dr. Jim Yong Kim the in-coming World bank President on Tuesday outlined measures to seek for a new alignment of the World Bank Group with a rapidly changing world.

“Together, with partners old and new, we will foster an institution that responds effectively to the needs of its diverse clients and donors; delivers more powerful results to support sustained growth.

“Prioritizes evidence-based solutions over ideology; amplifies the voices of developing countries; and draws on the expertise and experience of the people we serve,” Dr Kim stated in a statement on his nomination as the WB 12th President made available to the Ghana News Agency in Accra.

He said discussions with the WB Board and member countries point to a global consensus around the importance of inclusive growth....”we are closer than ever to achieving the mission inscribed at the entrance of the World Bank – Our Dream is a World Free of Poverty”.

Dr Kim said the power WB mission statement is matched by the talent of the World Bank Group staff.

“May this shared mission embolden our efforts to end the disparities which too often diminish our shared humanity, let us work together to provide every woman and man with the opportunity to determine their own future,” he said.

On his selection as the Bank's 12th President, Dr Kim said: “I am honoured to accept the Executive Directors decision to select me as the next President of the World Bank Group.

“I am delighted to succeed Mr Robert Zoellick, who has served with excellence and distinction during the last five years, and I am grateful to the Banks member countries for the broad support I have received”.

He commended all the nominees, José Antonio Ocampo and Ngozi Okonjo-Iweala for making important contributions to economic development...”I look forward to drawing on their expertise in the years to come”.

According to the statement, Dr Kim would embark on a global listening tour which is expected to end in Peru.

GNA