trending Market Intelligence /marketintelligence/en/news-insights/trending/Fne_VvgeLNfkVJ8Nfjckbw2 content esgSubNav
In This List

UPDATE: World Bank Group president to leave, join PE firm

Blog

Technology & Automation Insights: Elevating KYC and onboarding efficiency

Blog

Data Insights: Enhancing regulatory compliance and client lifecycle management.

Blog

Banking Essentials Newsletter: 17th April Edition

Blog

Japan M&A By the Numbers: Q4 2023


UPDATE: World Bank Group president to leave, join PE firm

President of the World Bank Group, Jim Yong Kim, will leave the institution, effective Feb. 1.

World Bank CEO Kristalina Georgieva will become interim president on the same day.

Kim will join private equity firm Global Infrastructure Partners, the Financial Times reported. According to the report, Kim will not be permitted to interact with the World Bank during his first year at the New York-based firm. Global Infrastructure Partners recently sold a 50.01% stake in London's Gatwick Airport Ltd. to VINCI Airports SAS for approximately £2.9 billion.

Kim will also rejoin the board of Partners in Health.