For the first time in the bank's history candidates from developing countries mounted a challenge to an American nominee, though in the end Mr Kim was backed by China, India, Mexico and other big emerging markets.
Most offer nominee services, meaning their own people will act as directors, legal owners or bank signatories for clients seeking to preserve anonymity.
Fredrik Erixon, a former World Bank economist, told the BBC that the selection process was "anachronistic" but he still expected the White House nominee to be the successful candidate.