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The World Bank has appointed former Asian Development Bank executive Um Woo-chong as Vice President and Director General of the Independent Accountability Mechanism.
The World Bank has appointed Um Woo-chong, a former executive at the Asian Development Bank, as Vice President and Director General of its new accountability mechanism, the South Korea Ministry of Economy and Finance said on Friday. The appointment was announced by the World Bank on Wednesday, and Um is set to officially take office on January 18, becoming the second South Korean in history to hold a vice-presidential position at the bank. The new body will be responsible for handling complaints from communities affected by World Bank Group projects.
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