Indra Nooyi Being Considered To Lead World Bank

ECONOMY

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.

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,” reports.

The report, which cited several people familiar with the process, said the decision-making process for the top post at the World Bank 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 is unclear whether Nooyi would accept the nomination if chosen by the Trump administration. The first daughter, who has tweeted that she views Nooyi as a “mentor + inspiration”, has floated her name as a potential successor.