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Sun, Oct 13, 2019 | Last Updated 11:55 pm IST

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Indra Nooyi been courted as an administration ally by Ivanka Trump

Indra Nooyi been courted as an administration ally by Ivanka Trump
Indra Nooyi been courted as an administration ally by Ivanka Trump
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New York sources reported that Indra Nooyi "has been courted as an administration ally by Ivanka Trump"Ms Nooyi stepped down as PepsiCo's chief in August 2018Not clear whether she will accept nomination if chosen and 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.



Meanwhile Ms Nooyi, 63, stepped down as PepsiCo's chief last August after leading the company for 12 years. Reportedly 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".

Indra Nooyi been courted as an administration ally by Ivanka Trump

Moreover 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. Hence his unexpected departure came nearly three years before the end of his term. Apparently Ivanka Trump's "role in the process drew some criticism from ethics watchdogs Monday, which said it could pose a conflict of interest for the president’s daughter to be involved in international economic matters when she has not completely divested from her assets".


Indra Nooyi been courted as an administration ally by Ivanka Trump
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