The Guardian Profiles World Bank President Jim Yong Kim
The Guardian: How the World Bank’s biggest critic became its president
“…During his four years at the bank’s monumental headquarters on H Street in Washington, [World Bank President Jim Yong Kim] has reorganized the 15,000-strong workforce to reflect a shift from managing country portfolios to tackling regional and global crises. He has redirected large portions of the bank’s resources (it issued more than $61bn in loans and other forms of funding last year) toward goals that fall outside its traditional mandate of encouraging growth by financing infrastructure projects — stemming climate change, stopping Ebola, addressing the conditions driving the Syrian exodus. Yet many bank employees see Kim’s ambitions as presumptuous, even reckless, and changes undertaken to revitalize a sluggish bureaucracy have shaken it…” (Rice, 8/11).