Forbes' Most Powerful Women 2023: Nirmala Sitharaman Leads Indian Presence, Ranking 32 Globally
Forbes has unveiled its highly anticipated annual list of the Most Powerful Women for 2023, showcasing the achievements of four exceptional Indian women. Union Finance Minister Nirmala Sitharaman takes the lead among Indians, securing the 32nd position globally. Notable rankings include HCL Corporation CEO Roshni Nadar Malhotra (60), SAIL Chairperson Soma Mondal (70), and Biocon Founder Kiran Mazumdar-Shaw (76). Sitharaman's influence extends beyond finance, holding dual roles as Union Corporate Affairs Minister and having served as the 28th Defense Minister of India.
Forbes has recently unveiled its prestigious annual list of the Most Powerful Women for the year 2023, featuring four accomplished Indian women. Topping the Indian contingent is Union Finance Minister Nirmala Sitharaman, securing the 32nd position on the global ranking.
In the illustrious lineup that includes global icons like Taylor Swift and US Vice President Kamala Harris, three other Indian trailblazers found their place. HCL Corporation CEO Roshni Nadar Malhotra secured the 60th spot, followed by Steel Authority of India Chairperson Soma Mondal at rank 70, and Biocon founder Kiran Mazumdar-Shaw at rank 76.
Nirmala Sitharaman, appointed as India's Finance Minister in 2019, holds the dual responsibilities of Union Corporate Affairs Minister. Her remarkable journey also encompasses serving as the 28th Defense Minister of India, making her the second woman in the country to hold both prestigious positions.
Notably, Sitharaman's rank on the Forbes list has seen a slight shift from the previous year, where she held the 36th position in 2022. Concurrently, Fortune magazine recognized her as the most powerful woman in India during the same period.
Following closely in the rankings is Roshni Nadar, the dynamic Chairperson of HCL and the billionaire daughter of business magnate Shiv Nadar. Taking charge in July 2020, Roshni oversees all strategic decisions for the company, further solidifying her influence in the business realm.
At the pinnacle of Forbes' World's Most Powerful Women list for 2023 is Ursula von der Leyen, Chief of the European Commission, with Christine Lagarde, head of the European Central Bank, securing the second position. US Vice President Kamala Harris holds the third spot, emphasizing the global significance of female leadership.
Nirmala Sitharaman's higher ranking than renowned figures like Beyonce, Rihanna, and Donna Langley highlights her influential standing. The top 10 list also features notable women such as Italian Prime Minister Giorgia Meloni, philanthropist Melinda Gates, and Jane Fraser, contributing to the diverse representation of impactful female leaders across various sectors.
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