WASHINGTON, Dhu-AlHijjah 14, 1437, Sep 15, 2016, SPA -- The World Bank said Wednesday that its current president, Jim Yong Kim, is the only person who has been nominated for the presidency of the 189-nation lending institution, AP reported. The bank's executive board said that nominations have now closed. It said Kim will be interviewed by the board, with the expectation that a decision will be made before the Washington-based bank's annual meeting on Oct. 7-9. The Obama administration put Kim's name into nomination last month. He is widely expected to win a new term given the absence of rival candidates. Kim was the president of Dartmouth College when he was first picked for the World Bank job in 2012. Since the creation of the World Bank after World War II, the top job has always gone to an American. The International Monetary Fund has always been headed by a European. IMF Managing Director Christine Lagarde, a former French finance minister, was reappointed in February. Kim has won praise for his efforts to use World Bank resources to address the Ebola crisis in Africa and the on-going refugee crisis in Europe and the Middle East. But he has also been criticized for what some current and former employees at the World Bank have viewed as an unnecessarily disruptive overhaul of the bank's operations. -- SPA 03:42 LOCAL TIME 00:42 GMT www.spa.gov.sa/w