Former United States ambassador to the United Nations Nikki Haley and US President Donald Trump's daughter Ivanka Trump are among possible US candidates to replace outgoing World Bank President Jim Yong Kim.
According to The Guardian, NDTV and Independent, Jim Yong Kim stood down earlier this week, three and a half years before his term was up,
The sudden departure of Kim, who was first appointed by former president Barack Obama in 2011 and re-elected in 2016, means Trump can now choose a successor.
Historically, the person that the US – the biggest shareholder – puts forward to be considered for the role is approved by the board, and the European shareholders select someone to lead the International Monetary Fund.
Other names being floated for the post include Treasury Undersecretary for International Affairs David Malpass and head of the US Agency for International Development Mark Green.
Recently, the World Bank Board said it would start accepting nominations for a new leader early next month and name a replacement for Kim by mid-April.
In this process, if there are more than three candidates there will be a short listing process where the board will narrow the field through an informal straw poll or vote.
It is believed the new president will begin a new five-year term once selected.