April 27 (Reuters) - Iraq's alliance of Shi'ite political blocs, the Coordination Framework, on Monday named Ali al-Zaidi as its nominee for the post of prime minister, said a coalition statement.
Iraq's President Nizar Amedi invited Zaidi on Monday evening, the nominee of the largest parliamentary bloc known as the Coordination Framework, an alliance of Iran-aligned factions, to form a government, Shi'ite lawmakers told Reuters.
Zaidi, in his 40s, is an Iraqi multimillionaire with interests spanning several sectors, including banking and the supply of Iraq’s vast government food basket programme that serves millions of people.
Under Iraq's constitution, Zaidi now has 30 days to form a cabinet and present it to parliament for approval.
Under a power-sharing system designed to avoid sectarian conflict, Iraq's president is a Kurd, its prime minister a Shi'ite and its parliament speaker a Sunni.
(Reporting by Ahmed Rasheed, Menna Alaa El-Din and Muhammad Al Gebaly; Additional reporting Muayad Hameed;)
