City
Epaper

World Bank V-P Sangbu Kim vows to lessen global digital divide

By IANS | Updated: August 6, 2024 14:35 IST

Seoul, Aug 6 Sangbu Kim, the newly appointed Vice-President for digital transformation at the World Bank, pledged Tuesday ...

Open in App

Seoul, Aug 6 Sangbu Kim, the newly appointed Vice-President for digital transformation at the World Bank, pledged Tuesday to address the digital divide between developed and developing nations, highlighting the role of digital technology in poverty reduction.

"The World Bank has been pushing ahead with many initiatives aimed at getting rid of poverty on Earth, and digital technology is being discussed as a very important topic," Kim told reporters in a press conference, Yonhap news agency reported.

"Some 2.7 billion people in this world still don't have access to the internet," Kim said, adding that addressing the digital divide is one of the challenges for the World Bank.

Kim, who was appointed last week as the World Bank's first South Korean vice president for digital transformation, is the first South Korean to hold a senior position at the organisation since the country joined in 1995.

He also called for support measures for low-income countries by international organisations, such as the International Bank for Reconstruction and Development, to help them not be excluded in the era of artificial intelligence, which is being led by a few global powers.

Drawing on his family history as a refugee from the Korean War and South Korea's rapid growth, Kim expressed his intent to share his personal experiences and South Korea's development successes with other nations.

The 52-year-old has served as a director of government affairs and public policy for consumer products in the Asia-Pacific region at Google and in various positions at South Korean government entities, including the presidential office and the science ministry.

Kim's term at the World Bank is set to begin Sept. 3.

--IANS

ts/dan

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalQuad announces launch of Critical Minerals Initiative

EntertainmentKylie Jenner started following Timothee Chalamet on Instagram after 2 years of dating

Entertainment"We go to bed very late...": Barbra Streisand on her relationship with husband James Brolin

NationalKolkata law college rape: Monojit Mishra was appointed contractual staff violating norms

BusinessDomestic sales of Maruti Suzuki and Hyundai dropped, but exports up in Apr-June 2025 (YoY)

Business Realted Stories

BusinessRidhhima Mohan Wins APJ Abdul Kalam Award in Education for Redefining Student Excellence

BusinessIndia’s manufacturing activity accelerates to 14-month high as exports surge in June

BusinessProduct of the Year Announces 2025 Winners - Consumers Celebrate Innovation

BusinessIndia projected to clock 6.8-7 pc growth in Q2, current fiscal to register 6.3 pc: HSBC

BusinessAuthor Rajesh D. Sanghvi Honored with International Author Excellence Award 2025 in Dubai