American President Obama’s nominee for the presidency of the World Bank, Dr. Jim Yong Kim is expected to travel to 
Ethiopia, China, Japan, South Korea, India, Brazil and Mexico over the coming month according to the US Department of Treasury.
Dr Kim will hold meetings with the heads of the states he will be visiting as well as with finance ministers and other stakeholders to review the priorities they envision for the World Bank in the coming years.
The trip will make a part of the initial phase of a ‘listening tour’ through which Dr Kim will solicit ideas and views from across the globe on the future for the international financial institution.
The tour will allow him to engage with a lot the shareholders and client nations of the Bank to establish how the bank can best enhance growth, create jobs and combat poverty in the developing world.Dr Kim, a Korean American, will be in competition for the position of the head of the World Bank with two nominees from the developing world, Ngozi Okonjo-Iweala, Nigerian Finance Minister and Jose Antonio Ocampo Colombian Finance Minister.
In a tradition contested emerging economies the presidency of the World Bank had been held by an American since the founding of the institution.
The candidacy of Okonjo-Iweala, nominated by Nigeria, was unanimously endorsed by the African Union earlier this week.
Source: The Reporter
