I am an expert in international finance and development institutions, with a keen interest in the operations and leadership of the World Bank. As an expert, it is my responsibility to provide accurate and up-to-date information regarding the leadership of such influential organizations.

The World Bank is a vital international financial institution that aims to end extreme poverty and promote shared prosperity in a sustainable manner. It is governed by 25 Executive Directors, who are responsible for selecting the President of the World Bank. The President of the World Bank serves a five-year term and is responsible for overseeing the Bank's operations, representing the institution in international forums, and working closely with member countries to implement development programs.

The President of the World Bank is a critical role that has been held by several distinguished individuals since the Bank's inception. As of my last update, the World Bank has undergone a change in leadership. The Executive Directors of the World Bank announced the selection of a new President, who will take office following the conclusion of the term of the previous President.

It is essential to note that the information provided in the reference material is outdated. The announcement mentioned in the material dates back to April 16, 2012, and it refers to the selection of Jim Yong Kim as the President of the World Bank. He began his five-year term on July 1, 2012, succeeding Robert B. Zoellick. However, since then, there have been changes in the presidency.

To provide the most current information, it is necessary to look beyond the reference material and consider the latest developments within the World Bank. As of my last knowledge update, David Malpass is the President of the World Bank Group. He was selected by the Executive Directors and assumed office on April 9, 2019, succeeding Jim Yong Kim.

David Malpass brings a wealth of experience to his role, having previously served in various capacities within the U.S. government and the private sector. His leadership is expected to guide the World Bank Group in its mission to reduce poverty and support economic development around the globe.

In conclusion, while the reference material mentions Jim Yong Kim as the President of the World Bank, it is important to recognize that leadership positions within such organizations are subject to change. The most current information should always be sought to ensure accuracy and relevance in discussions about the World Bank's leadership.

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The Executive Directors of the World Bank today announced that they have selected Dartmouth President Jim Yong Kim as the next president of the World Bank. President Kim will begin his five-year term on July 1, 2012, when current World Bank President Robert B. Zoellick's term concludes.Apr 16, 2012read more >>