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President Barack Obama stands with Jim Yong Kim, his nominee to be the next World Bank President, during an announcement in the Rose Garden of the White House in Washington, Friday, March 23, 2012. Kim is currently the president of Dartmouth College. (AP Photo/ Haraz N. Ghanbari)

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Obama taps Kim for World Bank

WASHINGTON -- President Barack Obama on Friday nominated Dartmouth College president and global health expert Jim Yong Kim to lead the World Bank, an unconventional pick that could help to quell criticism in the developing world of the U.S. stranglehold on the international organization's top post.

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