Former PepsiCo boss Indra Nooyi a contender for World Bank president, says report
Updated : January 09, 2019 11:46 AM IST
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.
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