PROFILES: The two candidates for World Bank presidency

WASHINGTON - On Monday, April 16, the directors of the World Bank will meet to decide who will be the powerful development institution's next president.

On every previous occasion, the United States has without opposition picked an American to head the World Bank, which was founded in 1944. But for the first time this year the US nominee faces a challenger.

Here are the two nominees for the job:

NGOZI OKONZO-IWEALA. The developing world's nominee.

NGOZI OKONZO-IWEALA. The developing world's nominee.

JIM YONG KIM. US' nominee

JIM YONG KIM.

US' nominee

In a recent statment, Finance Secretary Cesar Purisima said the Philippines supports the US-backed nominee. - Agence France-Presse