In an internal email to staff distributed Tuesday, World Bank President Jim Yong Kim set an end date for his reform agenda and announced that the global financial institution will provide more open-ended contracts for its employees — part of a new framework that supports the career development of staff.
Kim recognized that the change process hasn’t been easy, but stressed that it was “essential” to ensuring the bank could effectively fulfill its mission to fight global poverty.
“The past year has arguably seen some of the biggest changes to affect staff in the history of this institution,” he wrote in the email, a copy of which was obtained by Devex. “We needed to reorganize to make sure that the vast amounts of knowledge in our ranks can spread and be used in any country that asks for our help in finding a solution to a development problem.”