(Business Insider) President Donald Trump's daughter, Ivanka Trump, who works as a White House adviser, is one of the names being considered as a replacement for The World Bank's outgoing president, Jim Yong Kim, the Financial Times reported Friday.
The DC-based World Bank, founded after World War II to finance economic-development projects in emerging economies, has traditionally been led by an American. Kim's sudden departure from the bank came as a surprise to employees and leaves the bank's future uncertain.
The Trump administration, which has been wary of and even hostile toward Western-led international institutions like the World Bank, will now be tasked with submitting a recommendation to the bank's board.
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