Indra Nooyi among world’s most powerful business women

Indra Nooyi among world’s most powerful business women
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First Published: Thu, Aug 28 2008. 04 28 PM IST
Updated: Thu, Aug 28 2008. 04 28 PM IST
PTI
New York: Led by soft drink giant PepsiCo’s 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, $39-billion 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 acquisition of a 75% 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.
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First Published: Thu, Aug 28 2008. 04 28 PM IST
More Topics: Forbes | Nooyi | PepsiCo | Business | Women |