The choice of who will lead the World Bank has been made. Earlier this week, on April 16, the US nominee Jim Yong Kim was selected over Nigerian Finance Minister Ngozi Okonjo-Iweala and former Colombian Finance Minister Jose Antonio Ocampo. It was a much-watched contest, as many had thought it might turn out otherwise—that the old boys’ bargain, under which an American gets to lead the World Bank and a European gets the IMF, would cave in to pressure from everyone else.