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Ivanka Trump to help USA find a new prez for World Bank: WH

Washington DC: President Donald Trump's eldest daughter and senior advisor Ivanka will help the US to pick the new World Bank president, the White House has said, dismissing media reports that she herself is a key contender for the top position.

World Bank's current president Jim Yong Kim said last week that he will step down next month, an unexpected departure announcement three years before his term was set to expire. The abrupt announcement triggered speculation about his replacement.

The Financial Times reported on Sunday that former US Ambassador to the UN Nikki Haley in addition to 37-year-old Ivanka were the possible candidates for the top job. However, the White House refuted media reports that the daughter of the US President herself was under consideration for the bank's presidency.

Treasury Secretary Steven Mnuchin and Acting Chief of Staff Mick Mulvaney has asked Ivanka to "help manage the US nomination process as she's worked closely with the World Bank's leadership for the past two years - however, reports that she is under consideration are false," White House Deputy Director of Communication Jessica Ditto said on Monday.

The US president cannot install its leader, who must be approved by the bank's board, but has traditionally placed his nominee in the 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.

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