White House considering India-born, former PepsiCo CEO Indra Nooyi to lead World Bank: report
New York, Jan 16: India-born Indra Nooyi, the former CEO of global beverage giant PepsiCo, is being considered by the White House for the new World Bank president, according to a leading American daily.
Nooyi, 63, stepped down as PepsiCo's chief last August after leading the company for 12 years.
She "has been courted as an administration ally by Ivanka Trump, the president's eldest daughter who is playing a role in the selection of a nominee," the The New York Times said.
The report, which cited several people familiar with the process, said the decision-making process for the top post at the World Bank is "fluid and in its initial stages and early front-runners and candidates often fall off the radar, or withdraw from consideration, before the president (Donald Trump) makes his ultimate pick".
It is unclear whether Nooyi would accept the nomination if chosen by the Trump administration.
The first daughter, who has tweeted that she views Nooyi as a "mentor + inspiration", has floated her name as a potential successor.
World Bank's current president Jim Yong Kim had earlier this month announced that he would step down from his post in February to join a private infrastructure investment firm. His unexpected departure came nearly three years before the end of his term.
The NYT report said that the process of choosing Kim's successor is being overseen by Treasury Secretary Steven Mnuchin, acting chief of staff Mick Mulvaney and Ivanka, whose role in the process was announced by the White House Monday.
Ivanka's "role in the process drew some criticism from ethics watchdogs Monday, which said it could pose a conflict of interest for the president's daughter to be involved in international economic matters when she has not completely divested from her assets," the report said.
The group was expected to begin the interview process Tuesday, in order to present President Trump with recommendations for a nominee.
Nooyi joined Trump's business council, which was disbanded after many chief executives quit following the president's comments blaming "many sides" for white supremacist violence in Charlottesville, in August 2017.
The report, however, added that negative comments made by Nooyi after the 2016 election, during which she did not publicly endorse any candidate, are seen as a potential roadblock to her nomination.
Following Trump's win, she said at the NYT's DealBook conference in 2016 that "Our employees are all crying. And the question that they're asking, especially those who are not white: 'Are we safe?' Women are asking: 'Are we safe?' LGBT people are asking: 'Are we safe?' I never thought I'd have had to answer those questions".
A spokesman for PepsiCo had told Fortune magazine that "Mrs. Nooyi misspoke. She was referring to the reaction of a group of employees she spoke to who were apprehensive about the outcome of the election. She never intended to imply that all employees feel the same way".
Other candidates being considered for the position of World Bank head are under secretary of the Treasury for International Affairs David Malpass and president of the Overseas Private Investment Corporation Ray Washburne.
The US president cannot install the World Bank 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. She has her own line of fashion items, including clothes, handbags, shoes, accessories which are available in all major US departmental stores.
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Protests against Khamenei's killing: Curbs remain in force in Kashmir
Srinagar (PTI): Strict restrictions remained imposed in many areas of Kashmir for the third consecutive day on Wednesday following massive protests across the valley against the killing of Iran's Supreme leader Ayatollah Ali Khamenei, officials said.
As a precautionary measure, the government shut educational institutions till Saturday, while mobile internet speed continued to remain throttled.
"Restrictions on the movement and assembly of the people continued in many parts of Kashmir on Wednesday," the officials said.
They said strict restrictions were being enforced especially in the parts having large Shia population and those areas which have witnessed massive protests over the last three days.
A large number of police and paramilitary CRPF personnel were deployed across the city to prevent gatherings of protestors, the officials said.
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They added that concertina wires and barricades were placed at important intersections leading into the city, while asserting that these were precautionary measures imposed to maintain law and order.
The iconic Ghanta Ghar in the city centre of Lal Chowk here continued to remain a no-go zone after the authorities sealed area with barricades erected all around it on late Sunday night.
The move to seal the Ghanta Ghar came after it witnessed massive protests on Sunday after Khamenei's assassination in the joint air strikes by the US and Israel.
This is the first time since August 2019 that protests on such a large scale have taken place in Kashmir.
The government had first ordered the closure of schools, colleges and universities for two days. However, on Tuesday it decided to close the educational institutions till Saturday as a precautionary measure in view of the protests.
Mobile internet speeds continued to remain throttled while some prepaid mobile connections were also barred, the officials added.
On Tuesday, protests rocked several places in the valley, including Sumbal and Pattan areas of North Kashmir.
In Sumbal of Bandipora district, security forces had to resort to force to disperse the demonstrators.
Some media outlets and individuals, including National Conference Lok Sabha MP from Srinagar Aga Syed Ruhullah Mehdi, and former Srinagar mayor Junaid Azim Mattu, faced police heat for allegedly circulating misleading information.
A case was filed against Mehdi and Mattu under BNS sections 197(1)(d) and 353(1)(b) at Cyber Police Station, Srinagar, for allegedly circulating "false, fabricated and misleading content" on digital and social media platforms.
"The content in question, prima facie, reflects the dissemination of distorted narratives and unverified information capable of causing public unrest and societal disharmony. Such deliberate attempts to spread misinformation pose a serious threat to peace, security, and overall stability," the police said in a statement.
Both have been condemning the killing of Khameinei and the attacks by the US and Israel on Iran.
However, hours after the registration of the case, Mehdi, an influential Shia leader, said he would not be deterred from speaking the truth.
"The people of Srinagar did not elect their MP to recite government-approved condolences. They elected him to speak truth. That mandate does not expire with an FIR," he said in a post on X.
Police has issued an appeal to people to refrain from violence and provocation.
"We appeal to all sections of the society to exercise restraint and refrain from violence and provocation," it said.
Police said they will take strict legal action against instigators of violence and those involved in unlawful activities.
On Tuesday, Lieutenant Governor Manoj Sinha directed officials to be on high alert and chaired a meeting of top officials of the police and army here.
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"Chaired a meeting of senior police & civil administration officials at the Police Control Room, Kashmir, to review the law and order situation. Directed the officers to remain on heightened alert and take all necessary measures to ensure public peace and tranquillity," Sinha said on X.
He appealed to the people and community leaders to maintain peace.
"I also appeal to the citizens and community leaders to uphold harmony and contribute to an atmosphere of calm and goodwill in society. Preserving peace and sustaining the progress of society is a shared responsibility that rests equally upon each one of us," he said.
