Most Powerful Women in Banking

6 years ago

Gee, it’s good to be a woman, particularly in October. Fortune is in the midst of holding its Most Powerful Women Conference in Washington DC. Don’t worry if your name was somehow left off the list or if you simply can’t make it. You can attend from the comfort of your own home while in your pj’s. Today’s the last day, so no time to waste.

This conference comes on the heels of Fortune’s ranking of the 50 Most Powerful Women in Business that I blogged about here. Still can’t find your name? Maybe you made it on to U.S. Banker’s roster of “The 25 Most Powerful Women in Banking”. The October issue of U.S. Banker features this cover story, and if you’re a list addict, then you’ll be in seventh heaven. The publication also contains “The 25 Women to Watch”“The 25 Most Powerful Women in Finance,”“Top Team,” and “Lifetime Achievement.”

Definitely take a look, there’s more here than just naming names. The women profiled give insightful comments ranging from career advice to personal motivations and goals. Beyond the glossy pics, articles address the male desire for work-life balance, the need for female access to capital, and achieving board diversity. I found Editor-At-Large Barbara A. Rehm’s piece the most provocative. Advocating that women need to run a business line in order to gain a track record of results, she states:

“Too many are in marketing, legal, risk management and human resources. It’s not that there positions aren’t important. They are. But they are also more vulnerable to cuts when times are tough. It’s harder to let go of a woman who is making money for the company.”

In Rehm’s opinion, it’s essential to make sure that women take leadership in P&L positions: “It’s the only way that women in financial services will ever achieve critical mass-and that is the point at which change occurs.”

When that day comes, it may feel like October all year round.

This post was originally published October 6, 2010 on Pettistripes, my blog that explores topics of women and finance-past, present, and future. Check out more by following on Facebook and Twitter or at its site!

This is an article written by one of the incredible members of the SheKnows Community. The SheKnows editorial team has not edited, vetted or endorsed the content of this post. Want to join our amazing community and share your own story? Sign up here.

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