Washington/New Delhi: State Bank of India’s Managing Director Anshula Kant has been appointed as Managing Director and Chief Financial Officer of the World Bank Group. The appointment was announced by World Bank Group President David Malpass on Friday. Kant is currently a Managing Director of SBI where she previously also served as Chief Financial Officer. “Anshula Kant 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,” Malpass said in a statement. “She’s excelled at a diverse array of leadership challenges including risk, treasury, funding, regulatory compliance and operations.”
According to the statement, as Managing Director and Chief Financial Officer, Anshula Kant will be responsible for financial and risk management of the World Bank Group, reporting to the President. “Among other key management duties, her work will include oversight of financial reporting, risk management, and working closely with the World Bank CEO on mobilisation of IDA and other financial resources,” the statement said. (IANS)