Haley, Ivanka Trump possible World Bank nominees
Washington, US – Former UN Ambassador Nikki Haley and US President Donald Trump's daughter and adviser Ivanka are among possible US candidates to replace outgoing World Bank President Jim Yong Kim, The Financial Times reported on Friday.
Kim announced last week he was cutting short his tenure more than three years before his second term was due to end.
In addition to Trump and Haley, other names being floated include Treasury Undersecretary for International Affairs David Malpass and Mark Green, head of the US Agency for International Development, the newspaper reported. Ivanka Trump in 2017 was the driving force be- hind a $1 billion, Saudi-supported World Bank fund to promote entrepreneurship by women.
Under an unwritten agreement, the United States, which is the World Bank's largest shareholder, has always chosen its leader since the institution was founded following World War II. But the success of a US candidate no longer appears completely assured.
Kim was the first American nominee to face an election for the World Bank presidency in 2012 and the bank's board has said its selection process will be "open, merit-based and transparent," implying non-US candidates would not be ruled out.