<P> The President of the Bank is the president of the entire World Bank Group . The president , currently Jim Yong Kim , is responsible for chairing the meetings of the Boards of Directors and for overall management of the Bank . Traditionally , the President of the Bank has always been a US citizen nominated by the United States , the largest shareholder in the bank ( the managing director of the International Monetary Fund having always been a European ) . The nominee is subject to confirmation by the Board of Executive Directors , to serve for a five - year , renewable term . While most World Bank presidents have had banking experience , some have not . </P>
<P> The President of the Bank is the president of the entire World Bank Group . The president , currently Jim Yong Kim , is responsible for chairing the meetings of the Boards of Directors and for overall management of the Bank . Traditionally , the President of the Bank has always been a US citizen nominated by the United States , the largest shareholder in the bank ( the managing director of the International Monetary Fund having always been a European ) . The nominee is subject to confirmation by the Board of Executive Directors , to serve for a five - year , renewable term . While most World Bank presidents have had banking experience , some have not . </P>
who is the current president of the usa headquartered world bank
who is the current president of the usa headquartered world bank
Jim Yong Kim
Jim Yong Kim