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World Bank reappoints Kim to five-year term as president

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Reuters WASHINGTON
Last Updated : Sep 28 2016 | 1:07 AM IST

WASHINGTON (Reuters) - The World Bank on Tuesday reappointed Jim Yong Kim to a five-year term as president of the multilateral development lender after the nomination period closed without any challengers coming forward.

Kim, an American citizen, was unanimously chosen by the bank's executive directors for a term that begins on July 1, 2017, the World Bank said in a statement.

(Reporting by Timothy Ahmann; Editing by Alan Crosby)

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First Published: Sep 28 2016 | 12:57 AM IST

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