Thursday, August 20, 2009

Sri Mulyani renamed among world's 100 influential women

(Compiled from Xinhua News & Forbes)
Indonesian Coordinating Minister for The Economy cum Financial Minister Sri Mulyani Indrawati was renamed among the 100 most influential women ranked by Forbes business magazine.

The report said the minister is now ranked the 71st, or far below her rank last year that stood at the 23rd, above Hillary Rodham Clinton, Aung San Suu Kyi and Oprah Winfrey.

Sri Mulyani becomes the only Indonesian woman listed by Forbes this year.

The influential business magazine regarded Sri Mulyani as successful in deliberating corruption in her ministry, encouraged the extensive use of domestic currency Rupiah instead of U.S. dollar in the ongoing crisis.

Forbes says: “Indrawati remains finance minister in the reelected government of Yudhoyono, which had nearly moved her to head the central bank. Grappling with the global recession, she has backed calls to use currencies other than the U.S. dollar to finance trade in Asia and entered into a $15 billion swap with Beijing that allows importers to pay for Chinese goods with yuan. Offered support for Japan's campaign against North Korea's nuclear arms program and also the U.N. initiative in Afghanistan. She was promoted to coordinating minister for economic affairs in June 2008. Known as a reformer, Indrawati has combated Indonesia's notorious corruption (the finance ministry is now the government's least corrupt department), simplified investment laws and created tax incentives.”

At No. 1, for the fourth consecutive year, is German Chancellor Angela Merkel. Up for reelection this September, she is leader of the world's fourth-largest economy. She faces a tough year: Germany's GDP is expected to shrink this year despite a small uptick in the second quarter.

This year's list includes several notable newcomers--from the U.S. and abroad. The recently approved Supreme Court Justice Sonia Sotomayor debuts at No. 54. She will be the third woman and the first Hispanic in the top court. First lady Michelle Obama, a champion for working women and the families of the U.S. military, appears at No. 40.

All eyes are also on Iceland's new prime minister, Johanna Sigurdardottir (No. 74) as she seeks to recapitalize the banks of her small island nation, which recently came very close to complete economic collapse. She is an advocate of Iceland's entry into the E.U. and adoption of the euro--views not entirely popular with her people.

TOP 10

Angela Merkel
Sheila Bair
Indra Nooyi
Cynthia Carroll
Ho Ching
Irene Rosenfeld
Ellen Kullman
Angela Braly
Anne Lauvergeon
Lynn Elsenhans

View The Complete List

The 100 Most Powerful Women #71 Sri Indrawati- Forbes

The World's 100 Most Powerful Women - Forbes