President Donald Trump’s eldest daughter and senior advisor Ivanka Trump will help the US find a new World Bank President, the White House confirmed on Tuesday. The news puts down speculations of Ivanka being appointed as the World Bank President.
US Treasury Secretary Steven Mnuchin and White House Acting Chief of Staff Mick Mulvaney have asked Ivanka Trump to “help manage the US nomination process as she has worked closely with the World Bank’s leadership for the past two years,” White House spokeswoman Jessica Ditto said in a statement.
However, “reports that she is under consideration are false,” Ditto said.
The possible American nominees to lead the bank include US Treasury Under-Secretary for International Affairs David Malpass, USAID Director Mark Green, and former UN ambassador Nikki Haley said in a media interaction.
Earlier, a spokeswoman told the Financial Times that the Department has sent “a significant number of recommendations for good candidates” and was “beginning the internal review process” to choose a candidate to put forth to the World Bank’s board.
Nominations for the next president shall be submitted between February 7 and March 14, and the bank’s board of executive directors aims to select a new president before spring meetings in April.
On January 8, World Bank Group President Jim Yong Kim had stepped down from his post abruptly for more than three years ahead of the end of his term. Jim wrote to his employees in the World Bank saying that he is leaving the world’s largest lender to join a private-sector firm focused on infrastructure investments in the developing world.