Channel NewsAsia - Thursday, August
20
SINGAPORE: Temasek Holdings Chief Executive
Officer Ho Ching has been ranked fifth in Forbes’ annual ranking of
the World’s Most Powerful Women.
She is the only CEO of an Asia—based company in the top 10
list.
Germany’s Chancellor Angela Merkel clinched the number one spot
for the fourth consecutive year.
According to Forbes, today’s women in power are rising to
leadership positions in business, government and philanthropy by
making daring and unconventional moves.
They are moving across companies and industries, making big
leaps with each change, and repositioning themselves for
opportunities that allow them to gain a breadth of experience.
Federal Deposit Insurance Corp Chairman Sheila Bair is at number
two after a year of being tested in unprecedented ways by the
United States’ deepening economic crisis.
She is followed by Indra Nooyi of PepsiCo, and Anglo—American
Chief Executive Cynthia Carroll.
US First Lady Michelle Obama debuts on the list this year at the
40th spot, alongside many notable newcomers to high—profile
leadership positions.
Forbes’ rankings of the World’s Most Powerful Women are based on
a combination of economic impact, media reach, and career
accomplishments.
— CNA/yb
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How credible is the ranking?
