US nominee¹ Jim Yong Kim has been chosen as the new president of the World Bank.

美国候选人金永吉被任命为世界银行新董事长。

Dr Kim will take up his post on 1 July
The Korean-American health expert is president of Dartmouth College in the US state of New Hampshire.

He faced a strong challenge for the post, which has traditionally gone to an American, from Nigerian Finance Minister Ngozi Okonjo-Iweala.

Dr Kim will succeed Robert Zoellick, serving a five-year term beginning on 1 July, the World Bank said in a statement.

Aged² 52, Jim Yong Kim is a doctor lauded³ for his pioneering role in treating HIV/Aids and reducing the impact of tuberculosis⁴ in the developing world.

US Treasury⁵ Secretary Timothy Geithner said the new president's background would be valuable in the role.

"His deep development background coupled with his dedication⁶ to forging consensus⁷ will help breathe new life into the World Bank's efforts to secure fast economic growth that is widely shared," Mr Geithner said in a statement.

And outgoing president Mr Zoellick added: "Jim has seen poverty and vulnerability first-hand, through his impressive work in developing countries.

"His rigorous, science-based drive for results will be invaluable⁸ for the World Bank Group as it modernises to better serve client countries in overcoming poverty."

Andrew Mitchell, UK international development secretary and a governor of the World Bank Group, said that "as the first development professional to head the World Bank, Jim Yong Kim's considerable experience will be vital as he leads it through its ambitious reform and modernisation programme".

Meanwhile, the bank hailed the selection process as competitive, saying that the challenge posed by Mrs Okonjo-Iweala, as well as by Colombian candidate Jose Antonio Ocampo, would benefit the institution in the long run.

The three candidacies had "enriched the discussion of the role of the president and of the World Bank Group's future direction", the World Bank said.