Current:Home > StocksOCBC chief Helen Wong joins Ho Ching, Jenny Lee on Forbes' 100 most powerful women list -Blueprint Money Mastery
OCBC chief Helen Wong joins Ho Ching, Jenny Lee on Forbes' 100 most powerful women list
Fastexy View
Date:2025-04-06 14:44:26
This year, three Singaporeans have been named in Forbes Magazine's 100 most powerful women list which was released on Wednesday (Dec 11).
Among them is OCBC chief Helen Wong, who came in at number 59.
Wong, who became Group CEO in 2021 and a director of the bank's board in 2023, is drawing upon four decades of banking experience to lead OCBC, which recorded $13.5 billion in total income for the fiscal year of 2023, Forbes said.
She is also a council member of the Association of Banks and the Institute of Banking and Finance in Singapore.
Also on the list is Ho Ching, chairman of Temasek Trust, which is responsible for Temasek Holdings’ philanthropic endowments.
This year, she ranked number 32, one spot up from her previous ranking in 2023.
The 71-year-old was the CEO of Singapore global investment company Temasek Holdings from 2004 to 2021 and helped its portfolio grow to more than US$313 billion, said Forbes.
She also opened offices in San Francisco in 2018 and "poured over a quarter of Temasek's money into sectors like life sciences, tech and agribusiness", it added.
Jenny Lee, a Senior Managing Partner at Granite Asia, is another familiar name on the list.
Having placed 97th last year, 51-year-old Lee went up a spot in 2024.
She is considered a "trailblazer in her field", with a portfolio of 21 companies valued at more than US$1 billion each and having facilitated 16 IPOs, including one in 2023 and two in 2021, Forbes stated.
Lee was also the first woman to reach top 10 in the Forbes' Midas List 2012, which is an annual ranking of the most influential and best-performing venture capital investors.
Retaining the top spot of the most powerful woman in the world is Dr Ursula von der Leyen, president of the European Commission.
Forbes highlighted that she is the first woman to serve in her role and is "responsible for legislation affecting more than 450 million Europeans".
Pop stars Taylor Swift, Beyonce and Rihanna placed 23, 35 and 76 respectively.
The 2024 most powerful women list was determined by four main metrics: money, media, impact and spheres of influence, stated Forbes in its methodology.
Gross domestic products and populations were considered for political leaders, while revenues, valuations, and employee counts were critical for corporate chiefs.
Media mentions and social reach were analyzed for all, Forbes said.
The result was a list of 100 women who command a collective US$33 trillion in economic power and influence – either by policy or example – more than one billion people.
[[nid:700422]]
Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.
veryGood! (6943)
Related
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Remi Cruz Shares the Gadget Everyone Should Have in Their Kitchen and More Cooking Essentials
- The Ultimatum Season 2 First Look and Premiere Date Revealed
- Animal sedative 'tranq' worsening overdose crisis as it spreads across the country
- Trump invites nearly all federal workers to quit now, get paid through September
- Dwayne The Rock Johnson makes 7-figure donation to SAG-AFTRA relief fund amid actors' strike
- Shakira's Face Doesn't Lie When a Rat Photobombs Her Music Video Shoot
- 4 dead, 2 injured in separate aviation incidents in Wisconsin: EAA
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Tom Brady, Irina Shayk break the internet with dating rumors. Why do we care so much?
Ranking
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Search called off for baby washed away in Pennsylvania flash flood
- Salmonella outbreak in 4 states linked to ground beef
- 'I just prayed': Oxford school shooting victim testifies about classmates being shot
- North Carolina justices rule for restaurants in COVID
- Mark Lowery, Arkansas treasurer and former legislator who sponsored voter ID law, has died at age 66
- Kylie Jenner Admits She Had a Boob Job at 19
- Unusual appliance collector searches for museum benefactor
Recommendation
Current, future North Carolina governor’s challenge of power
Mega Millions jackpot hits $1 billion mark after no winners in Friday's drawing
Several dogs set for K-9 training die in Indiana after air conditioning fails in transport vehicle
Records shed light on why K-9 cop was fired after siccing dog on trucker: Report
Trump invites nearly all federal workers to quit now, get paid through September
Medicaid expansion in North Carolina will begin Oct. 1, if lawmakers can enact a budget
Further federal probes into false Connecticut traffic stop data likely, public safety chief says
NATO will step up security in Black Sea region after Russia declares parts are unsafe for shipping