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Kim: I`ll align the World Bank to cope with rapidly changing world

Discussion in 'International Forum' started by BabuK, Apr 19, 2012.

  1. BabuK

    BabuK JF-Expert Member

    Apr 19, 2012
    Joined: Jul 30, 2008
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    Newly-elected President of the World Bank (WB) Dr Jim Yong Kim has said he will seek a new alignment of the World Bank Group with a rapidly changing world.
    “Together with partners, old and new, we will foster an institution that responds effectively to the needs of its diverse clients and donors; delivers more powerful results to support sustained growth; prioritizes evidence-based solutions over ideology; amplifies the voices of developing countries; and draws on the expertise and experience of the people we serve,” he said a statement he released in response to his selection by the WB's Executive Directors as 12th President.
    “I am honored to accept the Executive Directors’ decision to select me as the next President of the World Bank Group. I am delighted to succeed Robert Zoellick, who has served with excellence and distinction during the last five years, and I am grateful to the Bank’s member countries for the broad support I have received.
    “I have spoken with Minister Okonjo-Iweala and Professor Ocampo. They have both made important contributions to economic development, and I look forward to drawing on their expertise in the years to come,” he said.
    Dr Kim said it was befitting that he conclude his global listening tour in Peru, noting “It was here in the shantytowns of Lima that I learned how injustice and indignity may conspire to destroy the lives and hopes of the poor.
    “It was here that I saw how communities struggle to prosper because of a lack of infrastructure and basic services. It was here that I learned that we must raise our sights to match the aspirations of those most excluded. And it was here that I learned that we can triumph over adversity by empowering the poor and focusing on results,” he said.
    He added, “My discussions with the Board and member countries point to a global consensus around the importance of inclusive growth. We are closer than ever to achieving the mission inscribed at the entrance of the World Bank - “Our Dream is a World Free of Poverty.”
    He said the power of this mission is matched by the talent of the World Bank Group staff. “Let us work together to provide every woman and man with the opportunity to determine their own future,” he noted.