Following President Obama’s announcement this morning, the U.S. Department of the Treasury today released the following statement from Secretary Tim Geithner on the U.S. nomination of Dr. Jim Yong Kim to lead the World Bank:
“Jim Yong Kim is exceptionally well qualified to serve as President of the World Bank. He is an innovative leader whose groundbreaking work to fight disease and combat poverty has saved lives around the globe. But Jim will bring more to the role than an impressive record of designing new ways to solve entrenched problems. Development is his lifetime commitment, and it is his passion. And in a world with so much potential to improve living standards, we have a unique opportunity to harness that passion and experience at the helm of the World Bank.”