ECONOMY

Trump pick Malpass headed for top World Bank job

David Malpass will move on to an interview with the World Bank’s executive directors in the coming days. (File photo: Reuters)

US President Donald Trump’s pick to lead the World Bank appeared headed for approval as a nomination deadline passed on Thursday with no challengers emerging, continuing the tradition of the United States choosing the development lender’s president.

READ ALSO: Haley, Ivanka Trump among possible World Bank nominees, says report

David Malpass, the US Treasury undersecretary for international affairs, will move on to an interview with the World Bank’s executive directors in the coming days, the bank said in a statement.

The directors expect to conclude their selection process before the April 12-14 World Bank and International Monetary Fund Spring Meetings, the World Bank said.

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Last Update: Friday, 15 March 2019 KSA 10:05 - GMT 07:05
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