Indian banker Anshula Kant appointed as MD and CFO of World Bank. As CFO of the SBI, she managed USD 38 billion of revenues and total assets of USD 500 billion.
Anshula Kant, MD of the State Bank Of India, has been appointed as managing director and chief financial officer of the World Bank, its president David Malpass announced on Friday.
“I am very pleased to appoint Anshula Kant as World Bank Group Managing Director and CFO. Anshula brings more than 35 years of expertise in finance, banking, and innovative use of technology through her work as CFO of the State Bank of India,”
- Her key duties will be oversight of financial reporting, risk management, and working closely with the World Bank CEO.
- She has been a Managing Director and member of the Board since September 2018, the World Bank said.
- She greatly improved the capital base and focused on the long-term sustainability of SBI within her mandate.
- Kant was also taking direct responsibility for the SBI’s Risk, Compliance, and Stressed Asset Portfolio.
- She held several positions across the organization and helped navigate a diverse array of leadership challenges.
- Kant is a graduate in Economic Honours from Lady Shri Ram College for Women and a Post-Graduate in Economics from Delhi School of Economics.
By: Abhinav Ranjan, Editorial Desk, DKODING Media