Who rules the world? –Woman

Mon, Sep 23, 2019 1:43 PM on Exclusive, Stock Market,

Women have struggled a lot as compared to men in order to position themselves in the corporate, banking and business world. “Women can’t have it all” is a popular saying that reflects that there is some point in life where a woman has to choose between a career and personal life. Besides, women are often warned about the presence of glass ceiling in their corporate ladder. Today, let us know few popular women, in the banking sector worldwide, who broke the glass ceiling.

Arundhati Bhattacharya: The former chairman of India’s largest bank, Arundhati Bhattacharya attended Jadavpur University for her Master’s in English literature. She then began her career as a Probationary Officer. As she climber her corporate ladder, she served in the role of Managing Director, Chief Financial Officer and the youngest, first among female chairman of State Bank of India in 2013. Bhattacharya was also ranked 25th in the World’s 100 Most Powerful Women list and 26th in The World’s 50 Greatest Leaders. She served for four decades at SBI and gained appreciation or her notable changes in the loan portfolio of the bank. She also introduced two year sabbatical policy for women when she was at SBI.

 

Source: bankingfrontier

Christine Lagarde: The French born, Christine Lagarde, joined as the Managing Director of International Monetary Fund in 2011. Her work focused in bringing economic discipline in almost 189 countries. Being the first woman to head IMF, Lagarde graduated with Master’s Degree in English, Labour Law, Social Law and Political Science. She also remained as Finance Minister and Minister of State of Foreign Trade for two years. Her experiences and leadership got her awarded as the Best Finance Minister of Finance in the Eurozone by the Financial Times. She has been consistently urging the fellow bankers not to ignore the virtual currencies.

Source:bbc.com

Ho Ching: Ho Ching is a very popular corporate face throughout Asia. Married to the Singapore’s current Prime Minister Lee Hsien Loong, Ho Ching was a student of Electrical Engineering in Singapore University. She also completed her masters from Stanford University. Ching served in several roles such as Singapore’s Ministry of Defense, Director of Defense Material organization, Director, Executive Director and CEO of Tamasek Holdings. She has been ranked 3rd in The World’s 100 Most Powerful Women’s List. She has been an exemplary figure for transforming the community with her talent and moral examples.

Source: the Business Times

Marianne Lake: Recognized as the second in The Most powerful Women in banking, Marianne Lake is the CFO of JP Morgan Chase. Lake’s work got recognized as she earned $13m in pay and bonuses last year for JO Morgan. She has also introduced automation technology in JP Morgan in order to keep track of assets. Lake received a degree in Physics from Reading university and began her career as a CA at PwC. Her notable work to encourage women in banking and finance has been received remarkable appreciation. She established Women on the Move Campaign to empower female employees and clients and make them financially healthy.

Source: CNBC.com

Dame Helena Morrissey: Dame Helena Morrissey is the perfect candidate that represents the woman who has defied gender stereotype. She is a mother of nine children and has been the CEO of Newton Investment. Her husband Richard, who was a journalist, lest his job to look after their children while Morrissey became the women of the house as she kept working in Newton. Graduated from University of Cambridge, she controlled 48.3 billion pound worth of assets. Helena’s work that included founding of 30% Club. 30% Club is a program designed to achieve a better gender balance in the boardroom. She is also enlisted in The Worl’s50 Greatest Leaders in 2015.

Source: Women Head

Few months ago, we grieved in Nirmala Panta’s one year of rape case. While the women in world are moving ahead with new ideas empowering one another, it is high time women in Nepal position themselves in banks and finance. We are a country with a female president yet we are also the country with only one female CEO in the commercial bank. Women in Nepal should not simply fight for equity but should equally work hard to deserve the equity. We need to create a banking community not defined by gender.