Kim Says World Bank Staff Shakeup to Refocus on Poverty Goal

World Bank President Jim Yong Kim said two senior executives will leave and others will get new responsibilities, part of a management shakeup 13 months after he took over the institution as he prepares a new global poverty-reduction strategy.

Caroline Anstey, a managing director who worked for 18 years at the Washington-based bank, will step down after the member countries’ annual meetings in October, Kim said in an e-mail to staff obtained by Bloomberg. Pamela Cox, a veteran of 33 years who most recently was senior vice president for change management, will retire at the same time, he said.