Global power 50
With seven new entrants, and strong showings from Europe and Asia, our international list shows that business is opening up to women - fast.

(Fortune Magazine) -- 1 Patricia Russo


Alcatel Lucent (Charts)

2005 Rank: New France

When Alcatel and Lucent merge later this year, Lucent chairman and CEO Russo, 54, will take the helm of the $25 billion-a-year maker of telecom equipment, with headquarters in Paris. She will have to stitch together two corporate cultures while delivering a promised $1.7 billion in annual cost savings.

2 Anne Lauvergeon

Executive Chairman


2005 Rank: 1 France

A champion of nuclear energy, Lauvergeon, 47, is the first lady of fission. The $14 billion company has built a quarter of the planet's nuclear capacity and is building a reactor in Finland that will be the world's largest. Profits at Areva doubled last year, to $1.3 billion. Lauvergeon, who has been chairman for five years, earned a new five-year contract in July.

3 Anne-Marie Idrac


SNCF (Charts)

2005 Rank: New France

A veteran public servant, Idrac, 54, has been handed the keys to France's railways. SNCF is the biggest state-owned company, with $26 billion in revenues last year. She inherits the uphill tasks of turning around the freight business, dealing with entrenched labor unions, and meeting President Jacques Chirac's goal of eliminating the use of fossil fuels by 2020.

4 Linda Cook

Executive Director, Gas & Power

Royal Dutch Shell (Charts)

2005 Rank: 4 The Netherlands

Cook, 48, who runs a $14 billion unit, is the most powerful woman at the world's second-largest oil company.

5 Marjorie Scardino


Pearson (Charts)

2005 Rank: 3 Britain

The Financial Times, Pearson's flagship, turned a profit, and the stock price of the $8.3 billion company is also showing signs of life.

6 Xie Qihua


Baosteel Group

2005 Rank: 2 China

China's "iron lady" is no longer chief executive of the $21.5 billion iron-and-steel company, but she is still very much in charge.

7 Marina Berlusconi



2005 Rank: 6 Italy

Fininvest's net profits quadrupled last year, to $2.2 billion, on net revenue of $6.8 billion.

8 Nancy McKinstry

Chairman and CEO

Wolters Kluwer

2005 Rank: 7 The Netherlands

The roadmap drawn up nearly three years ago, when the American-born McKinstry, 47, became CEO of this Dutch publishing and online-services company, is paying off. Innovative electronic products and software, solid acquisitions, and strong market knowledge boosted revenue last year by 3%, to $4.2 billion.

9 Ana Patricia Botin

Executive Chairman


2005 Rank: 8 Spain

Botín, 46, may be in the minor leagues of global banking as head of Banesto, a commercial arm of Banco Santander, but Spain's most powerful businesswoman continues to post some major-league financial numbers. Banesto--with nearly $3 billion in revenue in 2005--has raised profits every year and doubled lending during Botín's four-year reign.

10 Mary Ma

Chief Financial Officer

Lenovo (Charts)

2005 Rank: 9 China

Ma, 53, was one of the architects of Lenovo's 2004 acquisition of IBM's PC unit. The deal made Lenovo the world's third-largest personal-computer company. Since then Ma has been busy merging two cultures. So far the results have been positive: Revenue for the fiscal year that ended in March was $13.3 billion, up 359%.

11 Güler Sabanci

Chairman and Managing Director

Sabanci Holding

2005 Rank: 17 Turkey

Sabanci runs Turkey's second-largest conglomerate.

12 Ho Ching

Executive Director and CEO

Temasek Holdings

2005 Rank: 11 Singapore

Temasek's $100 billion portfolio reported a 70% increase in profits.

13 Annika Falkengren

CEO and President SEB

2005 Rank: New Sweden

Falkengren is the first woman to head the 150-year-old bank, Sweden's third-largest.

14 Maria Aramburuzabala de Garza

Vice Chairman

Grupo Modelo

2005 Rank: 14 Mexico

Corona beer has helped to make Aramburuzabala Mexico's richest woman.

15 Vivienne Cox

EVP, Gas, Power & Renewables


2005 Rank: 12 Britain

Cox, 47, oversees the energy titan's $29 billion gas, power, and renewables division. She also presides over its supply-and-trading arm.

16 Maria Ramos

CEO Transnet

2005 Rank: 28 South Africa

Ramos, 47, is overhauling South Africa's largest transport company.

17 Chua Sock Koong

CEO SingTel

2005 Rank: 50 Singapore

Chua, 48, was promoted from CFO to boss of Southeast Asia's biggest telecom.

18 Val Gooding


2005 Rank: 16 Britain

Revenues rose to $7.1 billion at Britain's largest private health-care company.

19 Patricai Barbizet

CEO Artémis Holding

2005 Rank: 18 France

Call Barbizet "the enforcer" at the holding company controlled by the Pinault family.

20 Yang Mianmian


Haier Group

2005 Rank: 15 China

Yang plays a key role in developing Haier's international business.

21 Barbara Kux

Chief Procurement Officer

Royal Philips Electronics

2005 Rank: 24 The Netherlands Kux is shopper-in-chief at the Dutch electronics giant.

22 Gulzhan Moldazhanova


Basic Element

2005 Rank: New Russia

Moldazhanova, 40, runs Russian tycoon Oleg Deripaska's $14 billion private equity fund.

23 Theresa Gattung


Telecom New Zealand

2005 Rank: 29 New Zealand

The company lost $288 million on revenue of $3.9 billion last year.

24 Tomoyo Nonaka


Sanyo Electric

2005 Rank: 5 Japan

No longer CEO, she is helping the company go green.

25 Sun Yafang


Huawei Technologies

2005 Rank: New China

Sun is the most trusted ally of Huawei's founder, Ren Zhengfei.

26 Clara Furse


London Stock Exchange

2005 Rank: 19 Britain

27 Barbara Stymiest

Chief Operating Officer

Royal Bank of Canada

2005 Rank: 34 Canada

28 Ann Godbehere

Chief Financial Officer

Swiss Reinsurance

2005 Rank: 27 Switzerland

29 Fumiko Hayashi



2005 Rank: 10 Japan

30 Josephine Rydberg-Dumont


IKEA of Sweden

2005 Rank: New Sweden

31 Lien Siaou-Sze

Senior Vice President


2005 Rank: 22 Singapore

32 Galia Maor

CEO and President

Bank Leumi

2005 Rank: 32 Israel

33 Lubna Olayan

Olayan Financial Group


2005 Rank: 35 Saudi Arabia

34 Kate Swann


W.H. Smith

2005 Rank: 20 Britain

35 Barbara Dalibard

Executive Vice President

France Télécom

2005 Rank: 26 France

36 Yoshiko Shinohara



2005 Rank: 38 Japan

37 Chandra Kochhar

Deputy Managing Director


2005 Rank: 47 India

38 Dominque Hériard Dubreuil


Rémy Cointreau

2005 Rank: 30 France

39 Imre Barmanbek

Deputy Chairman

Dogan Holding

2005 Rank: 23 Turkey

40 Dominique Reiniche

President, European Union Group


2005 Rank: 25 France

41 Naina Lal Kidwai


HSBC India

2005 Rank: New India

42 Pansy Ho

Managing Director

Shun Tak Holdings

2005 Rank: 39 Hong Kong

43 Sawako Noma

President and CEO


2005 Rank: 31 Japan

44 Françoise Gri

General Manager

IBM France

2005 Rank: 36 France

45 Sly Bailey


Trinity Mirror

2005 Rank: 33 Britain

46 Teresita Sy-Coson

Vice Chairman

SM Investments

2005 Rank: 46 Philippines

47 Ofra Strauss


Strauss-Elite Group

2005 Rank: 42 Israel

48 Kiran Mazumdar-Shaw

Chairman and Managing Director


2005 Rank: 44 India

49 Amelia Fawcett

Vice Chairman

Morgan Stanley International

2005 Rank: 43 Britain

50 Marie-Christine Caubet

Senior Vice President, Europe


2005 Rank: 40 France

Reporters: Eva Barkeman, Regina Castro, Telis Demos, John Elliott, Eric Ellis, Cindy Kano, Jenny Mero, Anastasia Serdyukova, Cathy Tang, Annie Wang, Elen Wu and Zhang Dan contributed to this article. Top of page