Yesterday Forbes released its annual “Most Powerful Women” list, which is different from its lists of highest paid CEOs, richest billionaires, and highest-paid celebrities. Those are all about money. But since even women with great responsibilities and influence are still paid less than men, we get our own get a special “Power” list. And by special I mean consolation.
The list is determined, according to Forbes, not by “celebrity or popularity,” but by influence. It should be determined by money, just like the other lists, but it’s not a perfect world. Sadly, the world of finance has lost some of its most “Most Powerful Women” over the past few years-aside from FDIC Chairman Sheila Bair and FDIC Chairman Mary Shapiro, the list is dominated by CEOs and political figures.
Only one private equity pro earned a spot on Forbes’ Most Powerful Women list. Dominique Senequier, Chief executive of France’s AXA Private Equity, was ranked number 50.
Notably, Sheila Bair held steady this year at number two, but beyond that, several of the highest ranking women in finance have left their positions or been ousted. See them below:
5 Ho Ching Chief executive, Temasek
20 Chanda Kochhar Chief executive, ICICI Bank
33 Marina Berlusconi Chairman, Fininvest Group
58 Ellen Alemany Chief executive, RBS Americas and Citizens Financial Group
72 Terri Dial Chief executive, North America Consumer Banking, Citigroup
88 Sallie Krawcheck Chief executive global wealth management, Bank of America
99 Heidi Miller Chief executive Treasury & Securities Services, JPMorgan Chase
94 Efrat Peled Chief executive, Arison Investments
96 Charlene Begley Chief executive, GE Enterprise Solutions
100 Mary Erdoes Chairman, JPMorgan Global Wealth Management