The bank’s announcement coincided with a UN climate summit currently underway in Poland

The new World Bank chief may come from the pro-poor camp, but he has arrived in a time of policy agnosticism.

The new World Bank chief may come from the pro-poor camp, but he has arrived in a time of policy agnosticism.

The World Bank has chosen Jim Yong Kim as its next chief in a decision that surprised few despite the first-ever challenge to the US.

Serious doubt exists about the transparency of the process in electing the next World Bank president, Finance Minister Pravin Gordhan said.