Geithner: US World Bank pick to win broad support


WASHINGTON: Jim Yong Kim, the US nominee to lead the World Bank, will win broad international support despite an unprecedented challenge by candidates from emerging economies, US Treasury Secretary Timothy Geithner said in an interview.

Washington's hold on the World Bank presidency is being contested for the first time by candidates from emerging economies. Two respected economists and diplomats, Nigerian finance minister Ngozi Okonjo-Iweala and former Colombian finance minister Jose Antonio Ocampo, have been nominated.

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