Ho Ching, Nirmala Sitharaman in Forbes 2019 most powerful women list

Indian Finance Minister Nirmala Sitharaman, HCL Corporation CEO and Executive Director Roshni Nadar Malhotra, Biocon Founder Kiran Mazumdar-Shaw and Landmark Group chairwoman and CEO Renuka Jagtiani are some of the Indian-origin women named in the Forbes 2019 list of ‘The World's 100 Most Powerful Women’.

Indian Finance Minister Nirmala Sitharaman, HCL Corporation CEO and Executive Director Roshni Nadar Malhotra, Biocon Founder Kiran Mazumdar-Shaw and Landmark Group chairwoman and CEO Renuka Jagtiani
(Clockwise from top left) Indian Finance Minister Nirmala Sitharaman, HCL Corporation CEO and Executive Director Roshni Nadar Malhotra, Landmark Group chairwoman and CEO Renuka Jagtiani and Biocon Founder Kiran Mazumdar-Shaw. Photo courtesy: forbes

Leading women leaders from Singapore include Ho Ching (23), Executive Director and CEO of state-owned investment firm Temasek and Jenny Lee (86) Managing Partner of GGV Capital.

Temasek Ho Ching, Executive Director & CEO, Temasek Holdings (Private) Limited Photo courtesy: Temasek Holdings
Temasek Ho Ching, Executive Director & CEO, Temasek Holdings (Private) Limited Photo courtesy: Temasek Holdings

The list is topped by German Chancellor Angela Merkel, followed by President of the European Central Bank Christine Lagarde in the second spot and Speaker of the US House of Representatives Nancy Pelosi, ranked third. Swedish teen climate activist Greta Thunberg (100) rounds off the list for her environmental protest last year.

“In 2019, women around the globe took action, claiming leadership positions in government, business, philanthropy and media. These trailblazers are not to be messed with," Forbes said while announcing the list.

Sitharaman, a newcomer on the Forbes most powerful women list, is ranked 34th. She was appointed as India's first full-time female finance minister in May 2019, and is also the minister for corporate affairs.

Nadar Malhotra (54), as CEO of HCL Corporation, is responsible for all strategic decisions for the USD 8.9 billion technology company. Malhotra is also the chairperson of the company's CSR Committee and is a trustee of the Shiv Nadar Foundation, which is focused on education and has established some of India's top colleges and schools, Forbes said.

Mazumdar-Shaw, ranked 65 on the list, is India's richest self-made woman and founder of the country's largest biopharmaceutical firm Biocon.

Jagtiani (96) runs the Landmark Group, a multinational consumer conglomerate based in Dubai and founded by her husband, Indian-origin billionaire Micky Jagtiani.

Two women from the Gulf too are featured on Forbes' 'World's 100 Most Powerful Women' list - the UAE's Raja Easa Al Gurg and Saudi Arabia's Rania Nashar.

Left, UAE's Raja Easa Al Gurg, first ever Emirati woman appointed to board of HSBC Bank Middle East Limited and right, Rania Nashar with over 20 years of experience in commercial banking sector. Photo Courtesy: Forbes/ Twitter
Left, UAE's Raja Easa Al Gurg, first ever Emirati woman appointed to board of HSBC Bank Middle East Limited and right, Rania Nashar with over 20 years of experience in commercial banking sector. Photo Courtesy: Forbes/ Twitter

Al Gurg, ranked 84 on the list, is managing director and vice-chairperson of one of the biggest conglomerates in the Middle East, according to Forbes.com.

The 97th ranked Saudi national, Nashar, is the first female CEO of Saudi commercial bank, Samba Financial Group, which is Saudi Arabia's third-largest bank by assets. 

She became CEO at a time when Saudi Arabia is beginning to implement reforms that will promote gender equality as part of their Vision 2030.

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CtoI News Desk
CtoI News Desk – CtoI

Singapore-headquartered online media company targeting Indian Diaspora across Singapore, US, UK and Dubai. Connected to India covers developments around Indians abroad, informing, engaging and entertaining its audiences.

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