President Barack Obama stunned everyone with his surprise nonomation of global health expert and Dartmouth College President Jim Yong Kim to lead the World Bank. Sounds crazy.? Nor really, it's aimed at fending off challenges from developing nations eager to end the US always getting the top job at the international institution. Obama's appointment all but guarantees that Kim, a 52-year-old physician and pioneer in treating HIV/AIDS and tuberculosis in the developing world, will take over at the helm of the World Bank. As Aljazeera tells us, there's been an informal "gentlemen's agreement" between the US and Europe that a US national will hold the top bank position and a European the managing directorship of its sister institution, the International Monetary Fund (IMF). That's been the case ever since the two agencies were created at the Bretton Woods conference in 1944.
Experts are now saying that he's no financier but that could be his strength. We have to remember that the World Bank is the world's biggest development agency. He mightn't have the expertise in boosting economic growth but there are plenty there who could fill that role. What he does have is an expertise in HIV/AIDS which may help the bank improve its health assistance. Also, his South Korean roots would allow him to build bridges with developing nations.
He's also got some other talents. You can watch him rapping in this video below where he is introducing "Dartmouth Idol," the college's live version of the famed television show and doing a choreographed dance to a parody of the Black Eyed Peas' "Time of My Life."