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Anshula Kant appointed as the MD and CFO of World Bank

Anshula Kant appointed as the MD and CFO of World Bank

Anshula Kant, Managing director (MD) of the State Bank of India (SBI), has been appointed as the MD and Chief Financial Officer of World Bank. World Bank President David Malpass announced her appointment.

Kant, as the MD and CFO, will be responsible for all the financial and risk management of the World Bank Group, and will report to the President. Her work will also include oversight of financial reporting, risk management, and working closely with the World Bank CEO on mobilisation of International Development Association (IDA) and other financial resources.

Anshula Kant has 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.

About World Bank

The World Bank is an international financial institution that provides interest-free loans and grants to the governments of poorer countries for the purpose of pursuing capital projects.

It comprises two institutions: the International Bank for Reconstruction and Development, and the International Development Association. The World Bank is a component of the World Bank Group.

The World Bank was created at the 1944 Bretton Woods Conference along with the International Monetary Fund (IMF). The president of the World Bank is, traditionally, an American.

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