Only days after Hon’ble Minister of Finance, Nirmala Sitharaman, an M. Phil in Economics from the Jawaharlal Nehru University (JNU) presented her maiden financial budget successfully, another Economics graduate from the University of Delhi (DU) has been entrusted as the next Managing Director and Chief Financial Officer of The World Bank Group, making her the first woman to hold this prestigious post.
Ms. Kant will be responsible for financial and risk management of the World Bank Group, reporting directly to Mr. David Malpass, Group’s President at Washington D.C. Her duties will include risk management and financial reporting and she will work with the bank’s CEO Kristalina Georgieva on mobilization of International Development Association (IDA), WB and other financial resources.
As a student of the University, Ms. Kant has an Honours degree in Economics from Lady Shri Ram College and a post-graduate degree in Economics as well from the Delhi School of Economics.
“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,” quotes Mr. Malpass.
“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,” he adds further.
Over her three-decade long service at the State Bank of India (SBI), Kant rose significantly to emerge as the group’s MD by sheer hard work and dedication, as shared by her colleagues. Kant has also served as Chief General Manager of Mumbai SBI and was Deputy MD of Operations for National Banking Group. Appointed as the MD and member of the Board since September 2018, till the date of her superannuation in September 2020, Kant will now join the league of Aparna Subramani, Saroj Kumar Jha, Sumila Gulyani & other qualified Indian officials holding key positions at the IRDB or World Bank. Since 1965, Indians continue to form the tThird largest Ethnic group at the World Bank earning prestige and honor for the Indian soil, and aspiring millions to achieve such big feats.
Ms. Anjula Kant is a fine paradigm of global Indian women who are excelling at Banking & Economy;, the likes of Arundhati Bhattacharya, Archana Bhargava, Usha Ananthasubramanian, and Naina Lal Kidwai being some other worthy mentions, adding to the field’s foster for equality of opportunity.
Ms. Kant is a huge inspiration for many students, especially those of Delhi University who aspire to achieve these great feat.
Team DU Beat wishes her very best!
Feature Image Credits: The Economic Times
Md. Faizan Salik