Page-2 of World Bank Group
Challa Sreenivasulu Setty appointed as MD of SBI
Challa Sreenivasulu Setty, who is currently serving as the Deputy managing director of the country’s largest lender, has been appointed as the managing director of the State bank of India for a period of three years as per the official ..
Month: Current Affairs - January, 2020
International arbitration court imposes $5 billion penalty Pakistan
International Arbitration Court has imposed over $5 billion penalty on Pakistan for unlawful denial of a mining lease to a company called Tethyan Copper Company for Reko Diq project in 2011. This penalty on cash-strapped Pakistan is one of the ..
Month: Current Affairs - July, 2019
Anshula Kant appointed as MD & CFO of World Bank (WB)
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 ..
David Malpass elected as new President of World Bank
David Malpass, a top US Treasury official in Trump administration, was unanimously selected as the new President of the World Bank for a period of five-years. The World Bank President is Chair of Boards of Directors of the International Bank ..
World Bank unveils US $200 billion in climate action investment for 2021-25
World Bank has unveiled US $200 billion in climate action investment for 2021 to 2025 to fight impact of climate change. The move coincides with Conference of Parties-24 (COP24) United Nations Climate Summit in Katowice, Poland. The breakdown of US ..