Trump Chooses Ivanka To Manage Talent Search For New World Bank President

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Ivanka Trump has been selected to help manage the nomination process of choosing a new leader for the World Bank.

A White House official said that Ivanka Trump will help manage the search for a new World Bank president, Reuters reported on Monday. The official dismissed a rumor that Ivanka was a potential candidate for the job.

According to the official, Treasury Secretary Steven Mnuchin and White House Chief of Staff Mick Mulvaney “have asked Ivanka Trump to help manage the U.S. nomination process as she’s worked closely with the World Bank’s leadership for the past two years.”

Over the past two years, Ivanka has worked with the World Bank and President Jim Yong Kim, who is now departing his job more than three years before the end of his term. He will join private equity fund Global Infrastructure Partners. He leaves his post amid differences with the Trump administration in matters such as climate change and development resources.

The United States has a controlling interest in the World Bank and has traditionally chosen the institution’s leader.

The executive board of the World Bank will accept nominations beginning on February 7. Nominees need executive board approval.

The World Bank said, Candidates should have a proven leadership track record, with experience managing “large organizations with international exposure,” diplomatic and communication skill and “a firm commitment to and appreciation for multilateral cooperation.”

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