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8. Annika Falkengren
8. Annika Falkengren
President and CEO
2009 rank: 7
Country: Sweden

Not only is the one-time SEB trainee the first female CEO of the bank, she currently is the only female CEO among the top 10 listed companies on the Swedish stock exchange.

A golfer and hunter, Falkengren, 48, gets high marks for stabilizing SEB amid the global financial meltdown. In 2009, operating profits dropped 73% to $472 million, but the speed with which she cut costs and her prudent risk management helped reverse loan losses in the Baltic region, where SEB has a strong presence. Operating profits of $349 million for the second quarter of 2010 were up from $84 million in the same period last year.

NEXT: 9. Ornella Barra

Last updated September 29 2010: 6:20 AM ET
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