Anshula Kant, Managing Director of State Bank of India (SBI), has been appointed as MD and Chief Financial Officer (CFO) of the World Bank (WB). She will be responsible for financial and risk management of the organisation. Her work will include oversight of financial reporting, risk management, and working closely with the World Bank CEO on the mobilization of the International Development Association (IDA) and other financial resources. IDA is the part of the World Bank that helps the world’s poorest countries.