The World Bank confirmed Thursday that senior US Treasury official David Malpass was the lone candidate nominated to take over the helm of the development aid institution.
Nominations closed Thursday morning, and the World Bank board said it will conduct a formal interview and make a decision before the Spring meetings of the World Bank and International Monetary Fund, which are to be held April 12-14.
The surprise early departure of World Bank President Jim Yong Kim on February 1, not even halfway through his second five-year term, gave US President Donald Trump the opportunity to put his stamp on the organization.
Comments
Comments are closed.