Iraq News - Local News - Baghdadpost

World Bank Pres. Jim Yong Kim steps down 3 years early

World Bank President Jim Yong Kim has announced he will step down in early February, three years before his term was set to end in 2022.

"It was a great honor to be the president of this wonderful institution full of enthusiastic and committed individuals dedicated to the task of ending extreme poverty in the world," Jim Yong Kim said in a statement.

"The World Bank's mission is now more important than ever with the growing aspirations of the poor around the world and continues to increase with problems such as climate change, epidemics, famine and refugees," he added.