'Ivanka Trump could be the next head of the World Bank along with other nominees including Former UN Ambassador Nikki Haley.
Ivanka is thought to be a possibility after she was the driving force behind a $1 billion, Saudi-supported World Bank fund to promote entrepreneurship by women.
The outgoing President Jim Yong Kim abruptly announced Monday he was cutting short his tenure as the bank's president more than three years before his second term was due to end.
This has opened the field to Ivanka, as well as Haley who stepped down as Ambassador last month, the Financial Times reported Friday.
Before becoming an adviser to her father in the White House, Ivanka was an executive vice president at the Trump Organization.
She began her career as a model before moving into business and accompanying her father at the boardroom table on the hit TV show 'The Apprentice.'
Other names being floated include Treasury Undersecretary for International Affairs David Malpass and Mark Green, head of the US Agency for International Development, the newspaper reported.
The Treasury Department declined to comment on potential candidates.
The department has received a 'significant number of recommendations,' a spokesperson said.
'We are beginning the internal review process for a US nominee. We look forward to working with the governors to select a new leader.'
Under an unwritten agreement, the United States, which is the bank's largest shareholder, has always chosen its leader since the institution was founded following World War II.
But the success of a US candidate no longer appears completely assured.'
Read more: Ivanka Trump could be next head of World Bank: US president's daughter is among nominees for top role including former UN Ambassador Nikki Haley
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