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Women bankers lead India in Fortune list

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MUMBAI: Eight Indian women have made it to the Fortune list of 25 most powerful women ‘shaping the new world order’ in the Asia-Pacific region.

ICICI Bank CEO Chanda Kochhar has been ranked second across the region while SBI’s Arundhati Bhattacharya, HPCL’s Nishi Vasudeva, and Axis Bank’s Shikha Sharma have also made it to the top-10 earning fourth, fifth and tenth rankings respectively. The list is topped by Australian banking major Westpac’s chief Gail Kelly.

Releasing the latest rankings, the Fortune magazine said that women around the world are continuing to win the top jobs, so much so that more than a third of the women on this Asia-Pacific list are making their debut in the coveted list, including two from India.

The two Indian new entrants are Bhattacharya and Vasudeva.

Bhattacharya is the first woman to hold the ‘three-year post at the country's largest bank and oversees a 208-year-old institution with $400 billion in assets and 218,000 employees dispersed among 16,000 branches across India’.

On the other hand, Vasudeva, became the first woman to head an Indian oil company and is ‘and one of only four women to helm a Global Fortune 500 firm in the Asia-Pacific region’.

Other Indians on the top-25 list include Biocon chief Kiran Mazumdar-Shaw (19), National Stock Exchange CEO Chitra Ramkrishna (22), HSBC’s Naina Lal Kidwai (23) and TAFE chairman and CEO Mallika Srinivasan (25).

Meanwhile, Indra Nooyi, PepsiCo's India-born CEO, has been ranked third among the world's most powerful business women by Fortune. She is only Indian-origin woman on this year's global list, which has been topped by IBM chairman and CEO Ginni Rometty and General Motors CEO Mary Barra.

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