The list, which is topped by German Chancellor Angela Merkel, includes Biocon Founder Kiran Mazumdar-Shaw and HT Media head Shobhana Bhartia. Also on the list is US-based Indian-origin PepsiCo Chief Executive Indra Nooyi.
According to Forbes magazine, these are the women who call the shots in the financial markets and crisscross the globe to broker international agreements and provide fiscal assistance.
Bhattacharya, 60, ranked 25th on the list, is facing her most challenging test with State Bank of India facing mounting loans, which stood at $11 billion in December, stated Forbes.
Forbes added that as boss of the ICICI Bank, Kochhar, 54 has to contend with the current bane of India’s banking system: NPAs.” To retain female staff, Kochhar launched ‘[email protected]’, which allows employees to work from home for a year.
Mazumdar-Shaw is ranked 77th on the list. The 63-year old businesswoman positioned Biocon as a large player in insulin.
Ranked 93rd, Forbes called Shobhana Bhartia, 59, a “media baroness”. The magazine took note of her serving as the chair and editorial director for India’s largest listed media company.
Others on the Forbes list include Democratic presidential candidate Hillary Clinton (2), Federal Reserve Chair Janet Yellen (3), Facebook COO Sheryl Sandberg (7), US First Lady Michelle Obama (13), Myanmar State Counsellor Aung San Suu Kyi (26), Queen Elizabeth-2 (29), Bangladesh PM Sheikh Hasina (36), Nepalese President BD Bhandari (52) and UNESCO Director General Irina Bokova (89).