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World Bank Names State Bank of India’s Anshula Kant as CFO

With more than 35 years of experience in banking and finance, SBI’s Anshula Kant has been appointed at the World Bank’s new CFO. 

World Bank Names State Bank of India’s Anshula Kant as CFO
Anshula Kant, managing director at SBI, at a meeting with distressed asset investors in New York. (Source: Anshula Kant/Twitter) 

(Bloomberg) -- The World Bank Group appointed Anshula Kant of the State Bank of India as chief financial officer, according to a statement released Friday in Washington.

Kant is currently a managing director at SBI and previously served as its CFO, the World Bank said. It hasn’t yet announced when Kant will start the new job.

Kant will report to World Bank President David Malpass and was also named as a managing director at the Washington-based development lender. Her work will include oversight of financial reporting and risk management, plus she’ll work with the World Bank’s International Development Association.

“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 in the statement. “She’s excelled at a diverse array of leadership challenges including risk, treasury, funding, regulatory compliance and operations.”

Malpass, previously a senior U.S. Treasury official, was appointed World Bank president earlier this year, succeeding Jim Yong Kim, who left in February.

To contact the reporter on this story: Reade Pickert in Washington at epickert@bloomberg.net

To contact the editors responsible for this story: Scott Lanman at slanman@bloomberg.net, Jeff Kearns, Alister Bull

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