Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
»
1-min read

Managing Director of SBI Anshula Kant Appointed MD and CFO of World Bank

As Managing Director and Chief Financial Officer, Kant will be responsible for financial and risk management of the World Bank Group, reporting to the President.

PTI

Updated:July 12, 2019, 11:11 PM IST
facebookTwitterskypewhatsapp
Managing Director of SBI Anshula Kant Appointed MD and CFO of World Bank
Anshula Kant, managing director of the State Bank Of India, has been appointed as managing director and chief financial officer of the World Bank. (Image: Twitter/@kanshula)
Loading...

Washington: Anshula Kant, managing director of the State Bank Of India, has been appointed as managing director and chief financial officer of the World Bank, its president David Malpass announced Friday.

As Managing Director and Chief Financial Officer, Kant will be responsible for financial and risk management of the World Bank Group, reporting to the President.

"I am very pleased to appoint Anshula Kant as World Bank Group Managing Director and CFO. 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.

"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," Malpass said.

Among other key management duties, her work will include oversight of financial reporting, risk management, and working closely with the World Bank CEO on mobilization of IDA and other

financial resources.

As CFO of the SBI, Kant managed USD 38 billion of revenues and total assets of USD 500 billion. Stewarding the organization, she greatly improved the capital base and focused on the long-term

sustainability of SBI within her mandate. She has been a Managing Director and member of the Board since September 2018, the World Bank said.

With direct responsibility for the SBI's Risk, Compliance, and Stressed Asset Portfolio, Kant led the creation of investment opportunities while empowering risk management throughout the bank.

She held several positions across the organization and helped navigate a diverse array of leadership challenges, the bank said in a statement.

Kant is a graduate in Economic Honours from Lady Shri Ram College for Women and a Post-Graduate in Economics from Delhi School of Economics.

Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp
Most Active
Company Price Change %Gain
Yes Bank 102.45 9.92
Indiabulls Hsg 641.50 0.40
Infosys 780.65 0.17
HDFC Bank 2,385.25 -0.40
Tata Motors 168.90 4.94
Company Price Change %Gain
Yes Bank 102.60 10.09
ICICI Bank 427.25 1.15
Reliance 1,280.40 0.35
Indiabulls Hsg 641.75 0.54
SpiceJet 130.10 3.05
Top Gainers
Company Price Change %Gain
Yes Bank 102.45 9.92
Tata Motors 168.85 4.91
BPCL 354.75 2.12
Titan Company 1,112.75 2.14
NTPC 130.35 1.88
Company Price Change %Gain
Yes Bank 101.90 9.33
Tata Motors 168.90 4.94
Tata Steel 475.50 1.56
HUL 1,743.20 1.56
NTPC 130.40 1.95
Top Losers
Company Price Change %Gain
TCS 2,107.80 -1.77
M&M 622.05 -1.55
UPL 638.70 -1.34
HCL Tech 1,018.30 -0.90
Hindalco 198.15 -1.00
Company Price Change %Gain
TCS 2,108.55 -1.71
M&M 622.40 -1.46
HCL Tech 1,018.60 -0.85
Kotak Mahindra 1,500.00 -0.51
HDFC Bank 2,385.00 -0.46

Live TV

Loading...
Countdown To Elections Results
To Assembly Elections 2018 Results