Ivanka Trump soon to head the World Bank?

Who to replace Jim Yong Kim at the head of the World Bank? Names begin to circulate, including that of Ivanka Trump, daughter of the US president and a White House advisor, reported on Friday. Financial Times. Other well-known figures are quoted by the business daily, which does not reveal its sources: Nikki Haley, former US ambassador to the UN, Mark Green, president of the US agency for international development (Unsaid), or David Malpass, one of the top officials of the US Treasury Department.

Faced with this information, a spokeswoman for the US Treasury told Agence France-Presse that " [ils] not all[aient] not comment on potential candidates ". "The Treasury has received a significant number of recommendations for good candidates," she added. "We begin the internal review process [de ces candidats] for appointment [d’un candidat de nationalit√©] US. We are looking forward to working with Governors [de la Banque mondiale] to select a new leader, "she added.

Ivanka Trump, involved with the World Bank

Jim Yong Kim, 59, who chaired the World Bank for six years, announced Monday his surprise resignation, effective February 1, to join the investment fund Global Infrastructure Partners, specializing in infrastructure financing. An American is usually appointed at the head of the World Bank while the management of the International Monetary Fund (IMF) is usually entrusted to a European, according to an unwritten rule. But this sharing of roles is now strongly contested by emerging countries.

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Ivanka Trump was directly involved in 2017 in the launch of a fund by the World Bank to promote business creation by women in developing countries. This initiative is named "Women Entrepreneurs Finance Initiative" (We-Fi). The presidential candidates of the World Bank will have to submit their file between February 7 and March 14, announced the institution, specifying that the appointment of its new leader or its future leader would intervene before the meetings of spring which are held the week of April 8th. The Bank further stated its commitment to "a transparent, open and merit-based selection process". It intends to publish before the vote the list of the three successful candidates, with their agreement.