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154th: Ho Jinx See Beh Powerful, Irreplaceable!

makapaaa

Alfrescian (Inf)
Asset
Btw, where's our money? What makes her so powerful?

<TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR>Aug 20, 2009
</TR><!-- headline one : start --><TR>5th most powerful woman <!--10 min-->
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Ms Ho (left), the wife of Prime Minister Lee Hsien Loong, is also the only Asian woman in the top 10 list this year. -- ST PHOTO: STEPHANIE YEOW
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<!-- START OF : div id="storytext"-->NEW YORK - TEMASEK Holdings Chief Executive Ho Ching is the 5th most powerful woman in the world, way ahead of US First Lady Michelle Obama and Secretary of State Hillary Clinton, according to a Forbes ranking released on Wednesday.
<TABLE width=200 align=left valign="top"><TBODY><TR><TD class=padr8><!-- Vodcast --><!-- Background Story --><STYLE type=text/css> #related .quote {background-color:#E7F7FF; padding:8px;margin:0px 0px 5px 0px;} #related .quote .headline {font-family: Verdana, Arial, Helvetica, sans-serif; font-size:10px;font-weight:bold; border-bottom:3px double #007BFF; color:#036; text-transform:uppercase; padding-bottom:5px;} #related .quote .text {font-size:11px;color:#036;padding:5px 0px;} </STYLE>Forbes on Ho Ching
'WHEN Temasek, Singapore's flagship sovereign wealth fund, announced in February that Ho Ching was stepping down as chief executive after five years at the helm, observers assumed the global financial crisis had claimed another high-profile victim.


In substituting retired BHP Billion Chief Chip Goodyear, Temasek was swapping out the executive who had presided over investments in hard-hit banks like Merrill Lynch (now part of Bank of America), Standard Chartered and Singapore's DBS Group.


TOP 10 LIST
1: Angela Mrs Merkel, chancellor. Germany


2: Sheila Bair, chairman, Federal Deposit Insurance Corp US.



</TD></TR></TBODY></TABLE>Up from 8th spot last year, Ms Ho, the wife of Prime Minister Lee Hsien Loong, once again ranks as Asia's most powerful woman. She is also the only Asian woman in the top 10 list this year.
German Chancellor Angela again topped the list of the world's 100 most powerful women for the fourth year running, with the magazine highlighting her role as leader of the huge German economy and her likely re-election in September. Michelle Obama debuted at No. 40, coming in ahead of talk show host Oprah Winfrey at 41 and Britain's Queen Elizabeth at 42. Hillary Clinton didn't break the top 30. Reflecting the world's focus on recession and the struggle to keep the financial markets afloat, Dr Merkel was followed almost exclusively by businesswomen.
Sheila Bair, chair of the U.S. Federal Deposit Insurance Corp., which insures bank deposits, retained the No. 2 spot after debuting on the Forbes list last year. She has gained increased prominence as the US recession grinds on. Third was Indra Nooyi, chief executive at PepsiCo, then Cynthia Carroll, the chief executive of mining giant Anglo American, and Ms Ho.
The chief executives of Dupont and Sunoco are new to the top 10, replacing the Xerox Corp chair,who dropped to No. 15, and former US Secretary of State Condoleezza Rice, who fell off the list after leaving office in January.
Dr Rice's successor, Hillary Clinton, came in at No. 36, dropping from No. 28 last year when her presidential bid made her the woman with the highest public profile on the list. Nancy Pelosi, speaker of the US House of Representatives, retained No. 35.
'Women in power are rising to leadership positions in business, government and philanthropy by making daring and unconventional moves,' Forbes said. 'Gone are the days of women feeling they must stick with one employer and patiently wait for promotions.'
'Highly ambitious women ... are moving across companies and industries, making big leaps with each change, and repositioning themselves for opportunities that allow them to gain a breadth of experience,' the business magazine said.
Dr Merkel, 55, became the first female chancellor of Germany in 2005 and is widely expected to retain power in a federal election on Sept 27. Mrs Obama, 45, has won fans for her down-to-earth personality, her support of causes including healthy eating and the arts, and her fashion sense that has seen her grace several best-dressed lists.
Other US newcomers include Supreme Court Justice Sonia Sotomayor at No. 54, Secretary of Health and Human Services Kathleen Sebelius at No. 56, Secretary of Homeland Security Janet Napolitano at No. 51 and Securities and Exchange Commission Chair Mary Schapiro at No. 55. Also new to the list are Prime Minister of Bangladesh Hasina Wajed at No. 78, UN High Commissioner for Human Rights Navanethem Pillay at No. 63 and Icelandic Prime Minister Johanna Sigurdardottir at No. 74.
The list is based on factors such as economic impact, media reach and career accomplishments.
The full list can be seen at http://www.forbes.com/women. -- AFP, REUTERS
 

Papsmearer

Alfrescian (InfP) - Comp
Generous Asset
Of course she is so powerful. At one stroke, she can enriched people beyond their wildest dreams, eg Thaksin, Merril, etc.
 
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