The World Bank’s board has ignored a call by its staff to conduct an international search for a new president, unveiling a process that clears the way for the reappointment of the US’s Jim Yong Kim to a second five-year term within weeks.
Mr Kim, who was named president of the bank in 2012, has been a controversial figure among staff after pushing through an aggressive restructuring of the bank.
In a letter to the board sent earlier this month the bank’s staff association declared that the institution was facing a “crisis of leadership” and called for an end to the successive American presidencies of the bank.
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