India, Jan. 13 -- Meta Platforms on Monday appointed Dina Powell McCormick, a former Trump administration adviser and veteran finance executive, as its president and vice chairman, marking a significant addition to the Facebook owner's top leadership as it accelerates investments in artificial intelligence.

Powell McCormick previously served on Meta's board of directors, where the company said she played an active role in shaping its AI strategy across platforms.

In her new executive role, she will help guide Meta's overall direction, including the execution of multi-billion-dollar investment plans.

The appointment drew praise from US President Donald Trump, who described the move as a "great choice" by Meta chief executive Mark Zucker...