<Li> Develop a Global Partnership for Development: Donor countries have renewed their commitment . Donors have to fulfill their pledges to match the current rate of core program development . Emphasis is being placed on the Bank Group's collaboration with multilateral and local partners to quicken progress toward the MDGs' realization . </Li> <P> To make sure that World Bank - financed operations do not compromise these goals but instead add to their realisation, environmental, social and legal safeguards were defined . However, these safeguards have not been implemented entirely yet . At the World Bank's annual meeting in Tokyo 2012 a review of these safeguards has been initiated, which was welcomed by several civil society organisations . </P> <P> The President of the Bank is the president of the entire World Bank Group . The president, currently Jim Yong Kim, is responsible for chairing the meetings of the Boards of Directors and for overall management of the Bank . Traditionally, the President of the Bank has always been a US citizen nominated by the United States, the largest shareholder in the bank (the managing director of the International Monetary Fund having always been a European). The nominee is subject to confirmation by the Board of Executive Directors, to serve for a five - year, renewable term . While most World Bank presidents have had banking experience, some have not . </P> <P> The vice presidents of the Bank are its principal managers, in charge of regions, sectors, networks and functions . There are two Executive Vice presidents, three Senior Vice presidents, and 24 Vice presidents . </P>

Who is the current president of the usa headquartered world bank