World Bank President David Malpass announces, Anshula Kant, the managing director of State Bank of India, to be the managing director and chief financial officer of World Bank.
Anshula has an expertise of 35 years in the banking sector. She is a graduate from economics from Lady Shri Ram College and a post- graduate in economics from Delhi School of Economics.
She is the first women to be appointed as CFO and MD of the World Bank. Her goal is eradication of poverty from the Earth’s sphere.
Anshula’s role will include oversight of financial reporting, risk management, and working closely with the World Bank CEO on the mobilisation of financial resources. Besides carrying out other key management duties.
As the MD of India’s largest bank, she has managed $38 bn of revenues and total assets of $500 bn. She is credited with improving the capital base of SBI and buttressing the long-term sustainability of the bank. That seemed to have impressed Malpass.
Her taking over date will be announced shortly.