ID :
17387
Fri, 08/29/2008 - 15:46
Auther :

Indra Nooyi world's most powerful among business women

New York, Aug 28 (PTI) Led by soft drink giant PepsiCo's
India-born chief Indra Nooyi, business executives account for
nearly two-third of the world's 100 most powerful women's list
compiled by US magazine Forbes.

Chennai-born Nooyi has moved up to the third rank in this
year's list, from the fifth last year, to become the
top-ranked among all the corporate chiefs on the list.

The list has been topped by Germany's Chancellor Angela
Merkel, followed by Sheila C Bair, who chairs the US
government agency Federal Deposit Insurance Corp.

The Pepsico chief is followed by health insurance company
WellPoint's President and CEO Angela Braly, diversified mining
group Anglo American CEO Cynthia Carroll and Kraft Foods CEO
and chairperson Irene B Rosenfeld.

Besides, Singapore Government's investment arm Temasek
Holdings' CEO Ho Ching has dropped to the eighth place in the
list this year from the third rank in the last year's list.

About Nooyi, Forbes said, "Nooyi continues to grow
PepsiCo, the 39-billion-dollar food and beverage giant,
through new product offerings and acquisitions...she
orchestrated a major expansion into international markets,
most notably with a 1.4-billion-dollar acquisition of a 75
percent stake in Russian juice giant Lebedyansky."

While, there are only three Indians on the list and only
one of them -- Biocon's Kiran Mazumdar-Shaw -- heads a
corporate entity. The other two, Sonia Gandhi and Mayawati,
are political leaders.

Kiran Mazumdar-Shaw, ranked at the 99th place in the
Forbes Powerful Women list, founded Biocon in 1978 to make
industrial enzymes with a small Irish company, Biocon
Biochemicals.

"Now a top-20 global biotech company, Biocon makes drugs,
including insulin and anti-cancer treatments, and its chairman
is the dean of India's rapidly growing biotech industry," the
magazine stated.

Besides, other leading business women on the list are
Xerox Corp's chief Anne Mulcahy, Oracle's president and CFO
Safra A Catz, and Hewlett-Packard executive Vice-president Ann
Livemore. PTI MBH

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