World Bank President Kim Aims To Have Broad Development Impact

Bloomberg profiles World Bank President Jim Yong Kim and his “fantasy” of replicating the small-scale success of treating tuberculosis patients in Peru he experienced when he was with Partners In Health on a larger scale with the World Bank. “Leaning on the field work of his past, he’s trying to refocus 15,000 employees on a poverty-ending mission that’s under threat from an institutional aversion to change built up over almost seven decades and from outside forces such as the global tide of private capital searching for higher returns,” the news agency writes. “Kim has concluded that the bank has grown too fragmented, cautious and self-absorbed to accomplish its mission,” Bloomberg states, adding he aims “to reshape the organization and cut red tape.” The news service describes Kim’s upbringing and how he is shuffling staff at the World Bank. “If we can show that even in these poor communities we can deliver, we could have a much, much broader impact,” Kim said, adding, “There’s no question that’s still what I am here to do,” according to Bloomberg, which also provides an audio interview with Kim (Rostello, 8/8).

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