Indra Nooyi, Chanda Kochhar on Fortune most powerful businesswomen list

This is the 17th year Fortune has ranked the most powerful women in business outside the US

PepsiCo, pepsi, Indra Nooyi, Nooyi
File photo of Indra Nooyi, Indian-American PepsiCo CEO
Press Trust of India New York
Last Updated : Sep 27 2017 | 1:00 AM IST
Two Indians - Chanda Kochhar and Shikha Sharma, have made it to the rankings of most powerful women in business outside the United States drawn up by the Fortune magazine while Indra Nooyi featured in the top three on the US edition list.

The Most Powerful Women in Business outside the US list, which was topped by Banco Santander group Executive Chairman Ana Botin, placed ICICI Bank's Kochhar at the 5th spot while Axis Bank's Sharma has been ranked 21st.

PepsiCo Chairman and CEO Indra Nooyi came in at No. 2 on the US Most Powerful Women in Business list, led by General Motors Chairman and CEO Mary Barra. Lockheed Martin Chairman, President, and CEO Marillyn Hewson took the 3rd spot.

On Kochhar, Managing Director and CEO, ICICI Bank, Fortune said she has "led India's largest private lender for eight years, and under her stewardship, ICICI Bank has thrived".

About Sharma, MD and CEO, Axis Bank, Fortune said: "now that she has been reconfirmed as CEO, Sharma can focus on beefing up the bank's digital services, which includes expanding its digital payments app's reach".

The international list also includes GSK CEO Emma Walmsley at the 2nd place, followed by Engie CEO Isabelle Kocher at the third slot.

This is the 17th year Fortune has ranked the most powerful women in business outside the US. The 50 global businesswomen represent 17 countries and many industries and had 11 newcomers this year.

The methodology involved four criteria: the size and importance of the woman's business in the global economy, the health and direction of the business, the arc of the woman's career (resume and runway ahead), and social and cultural influence.

The US list comprised 26 CEOs controlling $1.1 trillion in market cap, seven newcomers, one returnee, and nine women in the technology industry.


*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 27 2017 | 1:00 AM IST

Next Story