Indra Nooyi being considered to lead World Bank

To Subscribe

Indra Nooyi being considered to lead World Bank

 India-born Indra Nooyi, the former CEO of global beverage giant PepsiCo, is being considered by the White House for the new World Bank president, according to a leading American daily.

Nooyi, 63, stepped down as PepsiCo's chief last August after leading the company for 12 years. She 'has been courted as an administration ally by Ivanka Trump, the president's eldest daughter who is playing a role in the selection of a nominee,' The New York Times said.

The report comes a day after the White House denied that Ivanka Trump, the daughter of President Donald Trump and a senior advisor to him, was in the running for the World Bank job. Instead, the White House confirmed Ivanka was overseeing an internal search for candidates.

The bank's presidency became vacant after Jim Yong Kim announced last week he was stepping down effective Feb. 1.