U.S. World Bank Candidate Kim to Visit China, Japan, Brazil

Jim Yong Kim, the U.S. nominee to head the World Bank, will travel to Asia, Latin America and Africa starting tomorrow to discuss developing countries’ priorities for the lender.

Kim, nominated March 23 by President Barack Obama to succeed Robert Zoellick as the bank’s president, will visit Addis Ababa, Ethiopia; Beijing, Tokyo, Seoul, New Delhi, Brasilia and Mexico City to “meet with heads of state, finance ministers and other stakeholders to solicit their priorities for the World Bank over the coming years,” the Treasury said in a statement today. The trip ends April 9.

The trip is the initial phase of Kim’s “listening tour,” the Treasury said. Kim, 52, president of Dartmouth College and an expert in HIV/AIDS, is vying for the position against Nigerian Finance Minister and former World Bank official Ngozi Okonjo-Iweala, and Jose Antonio Ocampo, former finance minister of Colombia.

The U.S. is the biggest shareholder in the Washington-based bank, which has always been led by an American.

To contact the reporter on this story: Ian Katz in Washington at ikatz2@bloomberg.net

To contact the editor responsible for this story: Chris Wellisz at cwellisz@bloomberg.net

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