SINGAPORE: Temasek Holdings' chief executive officer, Ho Ching, has been ranked fifth in Forbes' annual ranking of the World's Most Powerful Women. She is the only CEO of an Asia-based company in the top 10 list.
German Chancellor Angela Merkel clinched the number one spot for the fourth consecutive year.
According to Forbes, today's women in power are rising to leadership positions in business, government and philanthropy by making daring and unconventional moves.
They 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.
Federal Deposit Insurance Corp chairman Sheila Bair is at number two after a year of being tested in unprecedented ways by the United States' deepening economic crisis.
She is followed by Indra Nooyi of PepsiCo, and Anglo-American chief executive Cynthia Carroll.
US First Lady Michelle Obama debuts on the list this year at the 40th spot, alongside many notable newcomers to high-profile leadership positions.
Forbes' rankings of the World's Most Powerful Women are based on a combination of economic impact, media reach, and career accomplishments.
- CNA/yb
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