• search
For Quick Alerts
For Daily Alerts

US considers Indra Nooyi as next World Bank chief, says report


Washington, Jan 16: Former CEO of PepsiCo, global beverage giant, Indra Nooyi, is being considered by the US administration as the next president of the World Bank, leading American daily New York Times has reported.

File photo of former PepsiCo chairman and CEO Indra Nooyi who, according to media reports, is being considered by the White House to be the next World Bank President.

Born in Tamil Nadu in 1955, Nooyi stepped down from the PepsiCo post last August after leading the firm for 12 years.

According to NYT, US President Donald Trump's daughter Ivanka, an entrepreneur and a member of the administrative team, is playing a role in selecting a nominee to head the prestigious financial institute.

Indra Nooyi steps down as Pepsico CEO

Citing people familiar with the process, the NYT report said the decision-making process for the WB president's post is "fluid and in its initial stages and early front-runners and candidates often fall off the radar, or withdraw from consideration, before the president (Donald Trump) makes his ultimate pick".

It was, however, not clear whether Nooyi would accept the nomination, PTI reported.

Ivanka has expressed her admiration for Nooyi earlier as well. In August last year, she had taken to Twitter to call Nooyi her "mentor+inspiration", like to many others and said she was deeply grateful for the friendship. Ivanka said this after Nooyi stepped down from the post of PepsiCo's CEO.

If Nooyi indeed bags the plum post, she will succeed current president Jim Yong Kim who said earlier this month that he would step down in February to join a private infrastructure investment company. Kim was to serve in the post for three more years.

For Daily Alerts
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more