The World Bank Group’s executive directors have yet to settle on a candidate to replace the outgoing president, who will depart the development lending organisation in three weeks to join a New York-based investment firm.
A list of candidates for the World Bank president has been floated as its current head, Jim Yong Kim, has announced his intention to step down on 1 February after more than six years at the organisation’s helm.
According to a long-standing tradition, the World Bank is led by an American pick: the United States nominates the president as the largest shareholder in the financial institution. The US Treasury Department is said to have already received “a significant number of recommendations for good candidates” and kicked off “the internal review process” to decide on the candidate.
Those on the list, the Financial Times reports, include David Malpass, the Treasury’s Under Secretary for International Affairs, Nikki Haley, who served as US envoy to the United Nations in 2017-2018, Mark Green, head of the US Agency for International Development, and last but not least, Donald Trump’s daughter, Ivanka.

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