January 09, 2019 11:46 AM IST | Business
Former PepsiCo boss Indra Nooyi a contender for World Bank president, says report
The president of the World Bank is elected by member states through an "open, merit-based and transparent" process.
Traditionally, the World Bank president is an American nominee and the head of the IMF is always European, according to an informal agreement between the two sides.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more