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Jim Yong Kim Resigns As President Of The World Bank

 Jim Yong Kim Resigns As President Of The World Bank_50.1

World Bank President, Jim Yong Kim has made the surprise announcement that he is stepping down after six years in the post. His resignation will take effect from 1 February.

Mr. Kim, 59, was not due to leave until 2022 after he was re-elected for a second five-year term in 2017. The World Bank stated that he will join a firm and focus on increasing infrastructure investments in developing countries.

Source: BBC News

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