World Bank President Jim Yong Kim has announced that he is stepping down as the head of the premier anti-poverty institution putting the likely choice of its future leadership in the hands of US President Donald Trump, a sceptic of international development.
Announcing his decision on Monday, Kim said in a tweet: "It's been the greatest privilege I could have ever imagined to lead the dedicated staff of this great institution to bring us closer to a world that is finally free of poverty."
Kim, 59, who is dropping out 19 months into his second term on February 1, would be joining a private company and focus on infrastructure investments in developing countries, the Bank said.
The Bank's CEO Kristalina Georgieva will become the interim president till a successor to Kim is appointed.
(Image Courtesy: Twitter)