?There is no shortage of powerful women in the financial industry these days, as several top global institutions are currently under female leadership. This spans sectors such as economic and monetary policy, investment banking, risk management, and trading among many others. Here are some of the world’s most powerful women in finance.
Christine Lagarde (International Monetary Fund)
One need not look further than the IMF itself to see a strong female boss, as Christine Lagarde has been its Managing Director since 2011. She is a French lawyer and a Union for a Popular Movement politician, apart from previously holding posts at the Ministry of Economic Affairs, Finance, and Employment and at the Ministry of Agriculture and Fishing.
Lagarde is the first woman to be elected to head the IMF, gaining the support of the British, Indian, United States, Brazilian, Russian, Chinese, and German governments. Among her noteworthy decisions made include the Troika’s strict stance on the Greek bailouts and the inclusion of the Chinese yuan to the fund’s Special Drawing Rights.
Mary Schapiro (U.S. Securities and Exchange Commission)
In the United States, Securities and Exchange Commission Chairperson Mary Schapiro is in charge of overseeing the country’s entire securities industry and enforcing federal laws. She was appointed by President Barack Obama and confirmed by the Senate in 2009, making her the first woman to be permanent Chair of the SEC.
Schapiro had earlier stints as a financial services regulator under the administrations of Reagan, Bush, and Clinton. She also served as the Chairman and CEO of the Financial Industry Regulatory Authority for three years prior to her appointment at the SEC.
Abigail Johnson (Fidelity Investments)
Abigail Johnson is the current President and Chief Executive Officer of US investment company Fidelity Investments. Apart from this, she is also the chairperson of its international sister company, Fidelity International.
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