New World Bank chief
The World Bank chief has recently been chosen by the authorities concerned to head the organisation for the next five years. He is Jim Young Kim, basically a Korean-American and a physician by profession. There is no denying the fact that the World Bank strategically plays very important role especially for the developing countries as it provides loans to them for alleviating poverty. But my question is, being a physician how will he be able to lead the organisation properly, as performing the duties and responsibilities of the chief will require some specialised knowledge that he lacks?
He is neither a banker nor an economist, whereas Nobel laureate Professor Yunus, also an icon of development, is by far the best person for the position with development economics background. He could have done a lot for the people of the developing countries including Bangladesh due to his vast experience in the relevant field. However, I think, the search for a chief for the World Bank should be open, fair and merit-based so that a deserving candidate could be selected.
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