The head of World Bank is on his way out. Jim Yong Kim announced his sudden resignation on Monday,... despite having three years left in his term. The Korean-American did not give a reason for his decision,... but said he will be stepping down on February 1st. The World Bank says Kim will "join a firm a focus on increasing infrastructure investments in developing countries". The former medical doctor will also rejoin the board of Partners in Health,... an organization he co-founded. Another World Bank official will take the reins as interim chief before President Trump selects Kim's successor.
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