White House considering Nooyi, Malpass, Washburne as World Bank candidates -administration official


Reuters | Updated: 16-01-2019 01:51 IST | Created: 16-01-2019 01:51 IST
White House considering Nooyi, Malpass, Washburne as World Bank candidates -administration official

The White House is considering former PepsiCo Inc Chief Executive Indra Nooyi, Treasury Department official David Malpass and Overseas Private Investment Corp CEO Ray Washburne among candidates to head the World Bank, an administration official said on Tuesday.

The trio of names surfaced a day after officials said President Donald Trump's daughter Ivanka Trump was helping lead the search for a new World Bank president to succeed Jim Yong Kim, who is stepping down on Feb. 1.

Nooyi, who stepped down from her Pepsi position in October, Malpass, who is undersecretary of Treasury for international affairs, and Washburne, who has been the OPIC CEO since August 2017, are among several candidates being looked at to head the World Bank, the official said.

(Reporting by Steve Holland and Jeff Mason; Editing by Peter Cooney)

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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