World Bank reappointed Jim Yong Kim to a five-year term as president

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The World Bank on Tuesday reappointed Jim Yong Kim to a five-year term as president of the multilateral improvement loan specialist after the assignment time frame shut with no challengers approaching.

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Kim, an American native, was collectively picked by the bank's official executives for a term that starts on July 1, 2017, the World Bank said in an announcement.

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