People: Malpass emerges as sole candidate for World Bank president

Bank of England extends Martin Taylor’s time on financial policy committee

world bank

International: David Malpass is set to become the World Bank’s next president, after the organisation announced that there had been no other nominees for the role.

Malpass, the undersecretary for international affairs at the US Treasury, was nominated by the administration of US president Donald Trump in February.

His final hurdle will be an interview with the World Bank’s external directors that will take place in the “coming days”, the organisation said in a statement issued on March 14.

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