News World Ivanka Trump, Nikki Haley in race for post of World Bank President, say reports

Ivanka Trump, Nikki Haley in race for post of World Bank President, say reports

Earlier on Monday, Kim abruptly announced that he was cutting short his tenure as the bank's president more than three years before his second term was due to end.

Earlier on Monday, Kim abruptly announced that he was cutting short his tenure as the bank's president more than three years before his second term was due to end. Earlier on Monday, Kim abruptly announced that he was cutting short his tenure as the bank's president more than three years before his second term was due to end.

Former UN Ambassador Nikki Haley and US President Donald Trump's daughter and adviser Ivanka are among the possible US candidates to replace outgoing World Bank President Jim Yong Kim, The Financial Times reported on Friday.

In addition to Trump and Haley, who stepped down as US Ambassador to the United Nations last month, other names being floated include Treasury Under-secretary for International Affairs David Malpass and Mark Green, head of the US Agency for International Development, the newspaper reported.

Earlier on Monday, Kim abruptly announced that he was cutting short his tenure as the bank's president more than three years before his second term was due to end.

Kim was the first American nominee to face a contested election for the World Bank presidency in 2012. The World Bank Board said on Thursday it would start accepting nominations for a new leader early next month and name a replacement for Kim by mid-April.

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