Anshula Kant appointed MD and CFO of World Bank
Washington, Jul 12: 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.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
'Modi will never succeed in suppressing voice of Tamil people': Rahul on 'Jana Nayagan' row
New Delhi (PTI): Congress leader Rahul Gandhi on Tuesday alleged that the Centre's "attempt to block" Vijay-starrer "Jana Nayagan" is an attack on Tamil culture, and said Prime Minister Narendra Modi will never succeed in "suppressing the voice of the Tamil people".
Gandhi's remarks come on a day he is on a visit to poll-bound Tamil Nadu where the row over actor-turned-politician Vijay's Tamil film has snowballed into a major issue.
The producer of the film approached the Supreme Court, challenging a January 9 interim order of the Madras High Court that stayed a single-judge direction to grant the CBFC clearance to the movie.
The Madras High Court has left the fate of the film, which has drawn attention for its political overtones, in limbo.
In a post on X, Gandhi said, "The I&B Ministry's attempt to block 'Jana Nayagan' is an attack on Tamil culture."
ALSO READ: Woman’s video of crossing busy Bengaluru road goes viral, calls it "negotiating with destiny"
"Mr Modi, you will never succeed in suppressing the voice of the Tamil people," the Leader of Opposition in the Lok Sabha said.
KVN Productions LLP has filed an appeal against the order passed by a division bench of the high court.
Vijay recently launched his political party, Tamilaga Vettri Kazhagam (TVK). "Jana Nayagan", which is widely publicised as Vijay's final film before his full-fledged entry into politics, was slated for a Pongal release on January 9.
However, the film ran into last-minute hurdles after the Central Board of Film Certification (CBFC) did not issue certification in time.
On January 9, the division bench's order came hours after Justice PT Asha directed the CBFC to give clearance to "Jana Nayagan", setting aside the film board's directive to refer the matter to a review committee.
The first bench, comprising Chief Justice M M Shrivastava and G Arul Murugan, on an appeal filed by the CBFC, granted an interim stay against the single judge's verdict.
Earlier, allowing the plea of KVN Productions seeking a direction to CBFC to issue a censor certificate, Justice Asha said once the board had decided to grant the certificate, the chairperson had no power to send the matter to the review committee.
The film board immediately preferred an appeal against the order.
Additional Solicitor General ARL Sundaresan and Solicitor General Tushar Mehta, who appeared through video conferencing, outlined the grounds for the appeal before the division bench.
The January 6 letter of CBFC, which was communicated to the producer of the film, informing him that the matter was referred to the revising committee, was not at all under challenge. But the single judge set aside the letter and gave the above direction.
In its order, the division bench said the petition was filed on January 6, and the CBFC was not granted sufficient opportunity to file its reply.
There shall be a stay, the bench added and ordered notice to the producer of the movie and posted the matter to January 21.
