Nita Ambani makes debut in Forbes Asia’s Power Businesswomen List 2016; ICICI’s Chanda Kochhar features for 5th time
Reliance Industries director Nita Ambani made her debut in the Forbes fifth annual Asia’s Power Businesswomen list. The Forbes 50 powerful businesswomen in Asia recognises women entrepreneurs who are making a change across diverse industries.
State Bank of India chairman Arundhati Bhattacharya has also featured in the power businesswomen 2016 list. Eight other Indian businesswomen who have made it to the list include Chanda Kochhar, Dipali Goenka, Ambiga Dhiraj, Vinita Gupta, Vandana Luthra, Kiran Mazumdar-Shaw
Women from 14 countries are represented on the list. China and Hong Kong dominate with 14 women, followed by India with eight, Thailand with five and Japan with four. Singapore, Australia, Indonesia and Vietnam each have three, while South Korea and the Philippines each have two. Macau, Taiwan and New Zealand have one each.
Nita Ambani, wife of billionaire Mukesh Ambani, who’s rising profile in the Reliance empire is unusual has earned her a spot in this year’s ranking. She also features on the cover of the April issue of Forbes Asia.
Chanda Kochhar, who has featured all five-times, helms ICICI Bank, the country’s largest private-sector lender. In a bid to retain female staff, she recently launched iWork@home, a scheme that allows employees to work from home for a year. In addition, executives can take children under the age of 3 on business trips, at the bank’s expense.
Others honored for their achievements include: Wendy Sui Cheng Yap, Cofounder, President Director and CEO of Indonesia’s Nippon Indosari; Yuwadee Chirathivat, CEO of Thailand’s Central Department Store Group; Arundhati Bhattacharya, Chairman and Managing Director of State Bank of India; Ho Ching, Executive Director and CEO of
Singapore’s Temasek; Susan Lloyd-Hurwitz, CEO and Managing Director of Australia’s Mirvac; Lee Boo-jin, President and CEO of South Korea’s Hotel Shilla; Pollyanna Chu, CEO of Hong Kong’s Kingston Financial Group; and Nguyen Thi Phuong Thao, Cofounder and Chairman of Vietnam’s Sovico Holdings.
There are a total of 27 newcomers on this year’s list. Among them are, Robina Gokongwei-Pe, President and COO of the Philippines’ Robinsons Retail Holdings; Somruedee Chaimongkol, CEO of Thailand’s Banpu; Cao Thi Ngoc Dung, Chairman and CEO of Vietnam’s Phu Nhuan Jewelry; Lorna Jane Clarkson, Founder and Chief Creative Officer of Australia’s Lorna Jane; and Kumiko Otsuka, President of Japan’s Otsuka Kagu.