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Policy clash possible as World Bank head quits

By Zhao Huanxin in Washington | China Daily | Updated: 2019-01-09 07:05

The abrupt resignation on Monday of World Bank Group President Jim Yong Kim could provide the US administration with an opportunity to appoint a chief more attuned to its priorities, but some experts are questioning if picking the institution's leaders that way is tenable.

Kim, who was appointed by former US president Barack Obama for two five-year terms that expire in 2022, announced that he is resigning at the end of January.

Kristalina Georgieva, World Bank CEO, will serve as interim president from Feb 1, the international lending institution said in a statement.

Policy clash possible as World Bank head quits

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