Nirmala Sitharaman is the new entrant in Forbes list of world's most powerful women
ET Online and Agencies|
Forbes list of world's 100 most powerful women
Forbes released its list of world's 100 most powerful women for honoring those in top leadership positions in business, philanthropy, media, and politics. This year the newcomer in the list is Indian Finance Minister, Nirmala Sitharaman. Here's a list of other leaders named among the world's 100 most powerful women by Forbes.
Who tops the list?
The Forbes 2019 list of ‘The World's 100 Most Powerful Women' has been topped by German Chancellor Angela Merkel. President of the European Central Bank Christine Lagarde grabs the second spot on the list followed by Speaker of the US House of Representatives Nancy Pelosi who ranked third. Prime Minister of Bangladesh was mentioned on the 29th spot.
Sitharaman, a newcomer on the Forbes most powerful women list, is ranked 34th. She is India's first female finance minister and has also served as the defence minister previously. Sitharaman is the first female to hold the portfolio full time. Before this, former prime minister Indira Gandhi briefly took the additional charge of the ministry.
Here's one for self-made woman!
Kiran Mazumdar-Shaw, ranked 65 on the list, is India's richest self-made woman and founder of the country's largest biopharmaceutical firm Biocon in 1978. Biocon has “successfully forayed into the lucrative US biosimilars market, catching the attention of investors” and it also became the first company to gain approval from the USFDA for two different biosimilars of drugs used in certain cancer treatments. Mazumdar-Shaw has invested in research infrastructure and scientific talent with the aim of building a deep R&D-based biotech firm, not a copycat generics maker, Forbes said.
Roshni Nadar Malhotra is ranked 54th on the list. Nadar Malhotra is the Executive Director and the CEO of HCL Enterprise. She is the only child of HCL's founder, Shiv Nadar. As CEO of HCL Corporation, she is responsible for all strategic decisions for the company. (File photos)