World Bank Opens Nominations for Malpass Successor Thursday (1)

The World Bank on Thursday will open a five-week period for nominations to succeed President David Malpass, days after he announced his early departure from the anti-poverty lender, and expects to select a new chief by early May.

The executive board met Wednesday to discuss the selection process and will accept nominations through March 29, the institution said in a statement. Executive directors, who will decide on a shortlist of up to three candidates and conduct formal interviews, said they strongly encourage the nomination of women.

Candidates should have “a proven track record of leadership and accomplishment, particularly in ...