US nominee Jim Yong Kim has been chosen as the new president of the World Bank. ..... 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. _________________________________________________________________________________________________________________________ Aged 52, Jim Yong Kim is a doctor lauded for his pioneering role in treating HIV/Aids and reducing the impact of tuberculosis in the developing world. ..... US Treasury Secretary Timothy Geithner said the new president's background would be valuable in the role. ..... "His deep development background coupled with his dedication to forging consensus 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 _________________________________________________________________________________________________________________________ .http://www.bbc.co.uk/news/business-17735368