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Ivanka Trump under consideration to lead the World Bank: report



  • Ivanka Trump is one of the names considered to replace the outgoing president of the World Bank, Jim Yong Kim, the Financial Times reported Friday.
  • Before joining the White House, she worked as vice president of acquisitions at the Trump Organization.
  • He also ran his own fashion line, the Ivanka Trump brand, which closed last summer.
  • President Donald Trump also floated Ivanka as a replacement for the outgoing United States ambassador to the UN, Nikki Haley, but ended up nominating the State Department spokeswoman, Heather Nauert, after concerns about nepotism arose.

The daughter of President Donald Trump, Ivanka Trump, who works as a White House adviser, is one of the names that is considered a replacement for outgoing World Bank President Jim Yong Kim, the Financial Times reported on Friday.

The World Bank, based in DC, founded after the Second World War to finance economic development projects in emerging economies, has traditionally been run by an American. Kim's sudden departure from the bank was a surprise for the employees and leaves the bank's future uncertain.

The Trump administration, which has been cautious and even hostile to international institutions led by the West such as the World Bank, will now have the task of presenting a recommendation to the bank's board of directors.

Other possible US nominees to head the bank include Under Secretary of the Treasury for International Affairs, David Malpass, the director of the United States Agency for International Development, Mark Green, and former UN ambassador Nikki Haley, the Financial Times said. .

read more: From Rich Child to First Daughter: The Life of Ivanka Trump

Unlike some of the other candidates proposed, Ivanka has no experience in international trade economics, but has been an entrepreneur.

Before joining the White House, she worked as vice president of acquisitions at the Trump Organization. He also ran his own fashion line, the Ivanka Trump brand, which closed last summer.

President Trump also floated Ivanka as a replacement for Haley's position, but ended up nominating the State Department spokeswoman, Heather Nauert, after concerns about nepotism surfaced.

"All right, everyone wants Ivanka Trump to be the new UN Ambassador, it would be amazing, but I can already hear the songs of nepotism, we have great people who want the job," Trump wrote at the time.

A spokeswoman for the Treasury Department told the Financial Times that the department received "a significant number of recommendations for good candidates" and that it was "beginning the internal review process" to choose a candidate to present to the World Bank board.


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