From Ana Botín To Anne Finucane, These Are 2020’s Most Power

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Bergabung: Sen Mei 11, 2020 5:14 pm

From Ana Botín To Anne Finucane, These Are 2020’s Most Power

Postoleh miniming » Rab Des 09, 2020 12:25 pm

From Ana Botín To Anne Finucane, These Are 2020’s Most Powerful Women In Finance

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Leading through a global health and economic crisis is no easy feat, but the events of this past year haven’t fazed the 100 trailblazers who make up Forbes’ 2020 Most Powerful Women list. Of them, 13 helm some of the world’s biggest banks and financial institutions, positions they’ve leveraged to effect change in the world.

One woman doing just that is Ana Botín, executive chairman of Spanish multinational financial services company Banco Santander. Botín, who has held this role since 2014, ranks No. 8 on this list and is the most powerful woman in finance. The pandemic has been top of mind for Botín, who in March chose to forgo 50% of her annual compensation to launch Banco Santander’s Together Solidarity Fund, through which the company has provided medical equipment and materials to healthcare systems to help combat Covid-19. (CEO Jose Antonio Alvarez also contributed 50% of his salary, while non-executive directors took a 20% pay cut and some employees voluntarily contributed portions of their pay.)

“Our world will not return to a pre-coronavirus existence. We need to think fast and think big,” Botín wrote in the Financial Times in April. That same month, Botín was one of 12 people appointed to a new external advisory board of the International Monetary Fund. The board was created to tackle financial issues, including those caused by Covid-19.

Another woman who has been a driving force of change amid the pandemic is Anne Finucane, vice chairman of Bank of America, and No. 36 on this list. Under her leadership, the bank has expanded its philanthropic efforts, committing $100 million in grants to increase the accessibility of food and medical supplies in addition to the $250 million it donates in philanthropy each year. “As we collectively navigate this health and humanitarian crisis, we recognize that the private sector can play a pivotal role to help communities in need,” said Finucane, the eighth most powerful woman in finance, in a statement. Earlier this year, Bank of America committed $1 billion to advancing racial equality and economic opportunity over the next four years.

No company has been immune to the effects of the pandemic. Jessica Tan, co-CEO and executive director of Ping An Group, has leaned into the digital acceleration it’s brought about. In 2013, she joined the Chinese insurance giant—which, with more than 210 million retail customers and 560 million online users, is one of the world’s biggest financial services companies—as group CIO before being promoted in 2018 to group co-CEO. During her tenure, Tan who is No. 21 on this list and ranks third in finance, has led initiatives including telemedicine platform Good Doctor, which boasts nearly 350 million users in China. “Covid has really accelerated digitization even for us, and we have always been on the forefront of digitization,” Tan recently said. This year, Ping An launched a Covid-19 smart image-reading system to help doctors quickly and accurately diagnose cases.

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Bergabung: Sen Agt 10, 2020 2:57 pm

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