U.S. President Donald Trump`s pick to lead the World Bank appeared headed for approval as a nomination deadline passed on Thursday with no challengers emerging, continuing the tradition of the United States choosing the development lender`s president.
David Malpass, the U.S. Treasury undersecretary for international affairs, will move on to an interview with the World Bank`s executive directors in the coming days, the bank said in a statement.
The directors expect to conclude their selection process before the April 12-14 World Bank and International Monetary Fund Spring Meetings, the World Bank said.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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