INSUBCONTINENT EXCLUSIVE:
global beverage giant PepsiCo, is being considered by White House for new World Bank president, according to a leading American daily
Nooyi, 63, stepped down as PepsiCo's chief last August after leading company for 12 years
She "has been courted as an administration ally by Ivanka Trump, president's eldest daughter who is playing a role in selection of a
nominee," The New York Times said.The report, which cited several people familiar with process, said decision-making process for top post at
World Bank is "fluid and in its initial stages and early front-runners and candidates often fall off radar, or withdraw from consideration,
before president (Donald Trump) makes his ultimate pick".It is unclear whether Nooyi would accept nomination if chosen by Trump
administration.The first daughter, who has tweeted that she views Nooyi as a "mentor + inspiration", has floated her name as a potential
successor.World Bank's current president Jim Yong Kim had earlier this month announced that he would step down from his post in February
to join a private infrastructure investment firm
His unexpected departure came nearly three years before end of his term.The NYT report said that process of choosing Kim's successor is
being overseen by Treasury Secretary Steven Mnuchin, acting chief of staff Mick Mulvaney and Ivanka, whose role in process was announced by
White House Monday.Ivanka's "role in process drew some criticism from ethics watchdogs Monday, which said it could pose a conflict of
interest for president's daughter to be involved in international economic matters when she has not completely divested from her assets,"
report said.The group was expected to begin interview process Tuesday, in order to present President Trump with recommendations for a
Nooyi joined Trump's business council, which was disbanded after many chief executives quit following president's comments blaming "many
sides" for white supremacist violence in Charlottesville, in August 2017.The report, however, added that negative comments made by Nooyi
after 2016 election, during which she did not publicly endorse any candidate, are seen as a potential roadblock to her nomination.Following
Trump's win, she said at NYT's Deal Book conference in 2016 that "Our employees are all crying
And question that they're asking, especially those who are not white: 'Are we safe' Women are asking: 'Are we safe' LGBT people are asking:
'Are we safe' I never thought I'd have had to answer those questions".Other candidates being considered for position of World Bank head are
under secretary of Treasury for International Affairs David Malpass and president of Overseas Private Investment Corporation Ray
Washburne.The US president cannot install World Bank leader, who must be approved by bank's board, but has traditionally placed his
nominee in job.Trump has already faced harsh criticism for appointing his daughter as a senior White House advisor.Ivanka is a successful
businesswoman, fashion designer, author and reality television personality
She has her own line of fashion items, including clothes, handbags, shoes, accessories which are available in all major US departmental
