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Nomination of Ivanka Trump as President of the World Bank

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On Monday, Kim announced he was stepping down as chairman of the bank more than three years before the end of his second term.

In addition to Ivanka Trump and Nicky Hayley, who resigned as Washington's ambassador to the UN Security Council last month, other names are also being traded, including Assistant Secretary of State for International Affairs David Malpas and Mark Green, president of the US Agency for International Development.

In 2017, Ivanka Trump was the driving force behind a $ 1 billion World Bank fund supported by Saudi Arabia to support women's projects.

The US Treasury Department told AFP on Friday it was not commenting on potential candidates. A spokesman said the ministry had received "a large number of nominations".

"We have begun an internal review of an American candidate, and we look forward to working with the governors to choose a new president".

Under a non-written agreement, the United States, the largest shareholder in the fund, has always chosen a bank president since its founding after the Second World War.

However, the arrival of an American candidate is no longer guaranteed.

Kim was the first US candidate to run a battle to compete for the helm of the bank in 2012. The bank's board said the selection process would be "transparent and merit-based," suggesting not to exclude non-US candidates.

The World Bank Council said Thursday that it would begin accepting nominations for the bank's presidency early next month and would announce a successor to Kim by mid-April..

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On Monday, Kim announced he was stepping down as chairman of the bank more than three years before the end of his second term.

In addition to Ivanka Trump and Nicky Hayley, who resigned as Washington's ambassador to the UN Security Council last month, other names are also being traded, including Assistant Secretary of State for International Affairs David Malpas and Mark Green, president of the US Agency for International Development.

In 2017, Ivanka Trump was the driving force behind a $ 1 billion World Bank fund supported by Saudi Arabia to support women's projects.

The US Treasury Department told AFP on Friday it was not commenting on potential candidates. A spokesman said the ministry had received "a large number of nominations".

"We have begun an internal review of an American candidate, and we look forward to working with the governors to choose a new president".

Under a non-written agreement, the United States, the largest shareholder in the fund, has always chosen a bank president since its founding after the Second World War.

However, the arrival of an American candidate is no longer guaranteed.

Kim was the first US candidate to run a battle to compete for the helm of the bank in 2012. The bank's board said the selection process would be "transparent and merit-based," suggesting not to exclude non-US candidates.

The World Bank Council said Thursday that it would begin accepting nominations for the bank's presidency early next month and would announce a successor to Kim by mid-April..

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