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Lebanon Banker Ziad Al Hayek is nominated to head the World Bank
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Lebanon Banker Ziad Al Hayek is nominated to head the World Bank
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[size=36][rtl]Lebanon Banker Ziad Al Hayek is nominated to head the World Bank[/rtl][/size]
Wednesday 20 February 2019
[size=36][rtl]Lebanon Banker Ziad Al Hayek is nominated to head the World Bank[/rtl][/size]
Wednesday 20 February 2019
Beirut / Jabbar Return Calligrapher
In a bold Lebanese move, economist and banking expert Ziad Hayek announced that Lebanon had nominated him to the presidency of the World Bank in a major challenge to US President Donald Trump's candidate to lead the huge global financial institution, according to a tweet to Hayek through his Twitter profile.
Hayek, who has been Secretary General of the Supreme Council for Privatization in Lebanon since 2006, presented the official letter issued by the Lebanese Ministry of Finance for his nomination. Under the nomination, Hayek will compete with David Malpas, US undersecretary of state for international affairs, and US candidate Trump, who strongly supports him to lead the World Bank.
Hayek and the US candidate are expected to join other candidates to join the race to win the post, fueling competition, which is due to be decided before the World Bank and International Monetary Fund meetings in April.
The World Bank will continue to receive applications until March 14 and will then be renamed a short list of only three candidates to be voted by the bank's board.
Ziad Hayek was elected Vice-President of the United Nations Public-Private Partnership Authority in 2017. He represented Lebanon in meetings held by the United Nations in Geneva, in which more than 70 countries and organizations participated.
International.
And was delegated by 42 countries participating in the meetings to oversee the establishment of an international association comprising official bodies responsible for public-private partnership in the world.
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