Indra Nooyi considered to head World Bank?
- IndiaGlitz, [Wednesday,January 16 2019]
Reports are that the White House is considering former Pepsico CEO of Indian origin, Indra Nooyi, for the role of president of World Bank. After heading Pepsico for 12 years, the 63 year old Indra Nooyi had stepped down as CEO of the beverage giant in August 2018.
It has been said that Ivanka Trump, the eldest daughter of US President Donald Trump who plays a prominent role in the selection of nominees, has nominated Indra Nooyi for the role. Ivanka shares a good rapport with Nooyi, whom she referred to as her mentor+inspiration in a tweet.
The current president of World Bank Jim Yong Kim is quitting his role this February, and will be joining an investment firm, and now treasury secretary Steven Mnuchin, Mick Mulvaney and Ivanka will be choosing his successor. Following an interview by this selection group, the nominations will be forwarded to Donald Trump who will make the final decision. It is to be seen if Nooyi will accept Ivanka Trump's nomination.