State Bank of India’s Managing Director Anshula Kant has been appointed as Managing Director and Chief Financial Officer of the World Bank Group. The appointment was announced in July by World Bank Group President David Malpass. Ms Kant is currently a Managing Director of SBI where she previously also served as Chief Financial Officer. “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 a statement. According to the statement, as Managing Director and Chief Financial Officer, Ms Kant will be responsible for financial and risk management of the World Bank Group, reporting to the President. As CFO of SBI, Ms Kant managed $38 billion of revenues and total assets of $500 billion.