Banking for Greater Good

Anshula Kant's role at World Bank is important now than ever before

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Anshula Kant, MD and Chief Financial Officer, World Bank GroupAnshula Kant, MD and Chief Financial Officer, World Bank Group
Anand Adhikari
  • Sep 17, 2020,
  • Updated Sep 18, 2020 4:56 AM IST

Sixty-year-old Anshula Kant, responsible for Financial and Risk Strategies of the World Bank Group, had cut her teeth in banking in the carpet and silk belt of eastern Uttar Pradesh. Currently, as Managing Director & Group CFO, she contributes to mobilisation of resources for development from donors and shareholders, as well as from the capital market.

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At a time when the world is in the grip of a pandemic, Kant is part of an institution that has a big role to play. The Bank is supporting over 100 countries in the fight against the pandemic. It expects to provide up to $160 billion by June next year. "The World Bank Groups role is more important than ever," she says. Kant, along with her team, has worked to maintain a strong financial position to support significantly higher commitments in response to Covid, while protecting the group's financial sustainability and risks. Her two-decade experience at the grassroot level at State Bank of India is coming in handy now. She had moved to SBIs corporate centre when the global financial crisis was impacting financial systems.

Sixty-year-old Anshula Kant, responsible for Financial and Risk Strategies of the World Bank Group, had cut her teeth in banking in the carpet and silk belt of eastern Uttar Pradesh. Currently, as Managing Director & Group CFO, she contributes to mobilisation of resources for development from donors and shareholders, as well as from the capital market.

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At a time when the world is in the grip of a pandemic, Kant is part of an institution that has a big role to play. The Bank is supporting over 100 countries in the fight against the pandemic. It expects to provide up to $160 billion by June next year. "The World Bank Groups role is more important than ever," she says. Kant, along with her team, has worked to maintain a strong financial position to support significantly higher commitments in response to Covid, while protecting the group's financial sustainability and risks. Her two-decade experience at the grassroot level at State Bank of India is coming in handy now. She had moved to SBIs corporate centre when the global financial crisis was impacting financial systems.

ABOUT THE AUTHOR

Anand Adhikari

Anand Adhikari began his journalism career with the financial weekly Guardian Investor after completing his graduation from Delhi University and ICWA in the mid-1990s. He then moved to the Delhi bureau of  Kolkata based 'The Telegraph.'

He relocated to Mumbai, the financial capital, with the Hindustan Times Group in the late 90s.

In a career spanning two and a half decades,  Adhikari has covered financial markets, corporate sector, banking, debt market, economy, central banking, and insurance. He is currently the Managing Editor of Business Today.

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