Anshula Kant, managing director of state-owned 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, July 12. Kant will be responsible for financial and risk management of the World Bank Group.
Referring to Kant, Malpass said, “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.”
As CFO of the State Bank of India, Kant managed $38 billion of revenues and total assets of $500 billion. Stewarding the organization, she greatly improved the capital base and focused on the long-term sustainability of the bank within her mandate.
Kant is a graduate in Economics from Lady Shri Ram College for Women which is part of the University of Delhi, and a post-graduate in Economics from the Delhi School of Economics.
