Anshula Kant, Managing Director of the State Bank Of India, has been appointed as MD and CFO of the World Bank. And she will be responsible for financial and risk management of the World Bank Group, reporting to David Malpass, the President of World Bank.
“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,” Malpass said.
Malpass also added “She’s excelled at a diverse array of leadership challenges including risk, treasury, funding, regulatory compliance and operations. I look forward to welcoming her to our management team as we work to increase our effectiveness in supporting good development outcomes,”
Among other key management duties, her work will include oversight of financial reporting, risk management, and working closely with the World Bank CEO on mobilization of IDA and other financial resources.
Anshula Kant, a graduate in Economic Honours from Lady Shri Ram College for Women and a Post-Graduate in Economics from Delhi School of Economics joined State Bank of India as a probationary officer in 1983. She has handled many crucial assignments over three decades in the bank. She has an extensive experience in retail banking, corporate credit, cross-border trade and banking in developed markets – both retail and wholesale.