American Jim Yong Kim is chosen to lead World Bank Associated Press Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Published 12:52 p.m., Monday, April 16, 2012 Developing nations waged an unsuccessful challenge to Kim, 52, a physician and pioneer in treating HIV/AIDS and tuberculosis in the developing world. The World Bank raises money from its member nations and borrows from investors to provide low-cost loans to developing countries. Kim was in Lima, Peru, on Monday - the latest stop in a global tour that has taken him to Africa, Asia and Latin America to try to build support among developing countries. Since 2009, Kim has been president of Dartmouth College. [...] Kim's nomination had won widespread praise because of his extensive experience in working to improve health in the poorest countries.