India's Anshula Kant is World Bank MD and CFO | Current Affairs, Current Affairs 2019

India’s Anshula Kant is World Bank MD and CFO

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The World Bank Group on Friday announced that Anshula Kant, an Indian national, has been appointed its next MD and CFO. Ms. Kant will be the first woman CFO of the Bank.

“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,” World Bank Group president David Malpass said via a statement.

“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.”

Ms. Kant will be responsible for financial and risk management and report to Mr. Malpass. Her duties will include risk management and financial reporting and she will work with the Bank’s CEO to mobilise financial resources.

Ms. Kant has holds an Honours degree in Economics from Lady Shri Ram College and a post-graduate degree in Economics from the Delhi School of Economics.

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