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KeyCorp's Digital Banking Upgrades

Beth Mooney, CEO of KeyCorp, explains how the bank has apportioned its investments in online and mobile banking.

Beth Mooney's Advice to Women in Banking

Understand your core competencies and wear your ambition lightly, recommends Beth Mooney, CEO of KeyCorp, to women who aspire to careers in banking.

Let Talent Decide 'Jump Balls,' Not Gender: KeyCorp’s Beth Mooney

Does gender matter in banking? It does and it doesn't, explains KeyCorp CEO Beth Mooney, who also addresses whether she ever felt gender was an issue for her personally during her banking career.

What Being a Good Role Model Means to Beth Mooney

KeyCorp's CEO shares her views on setting the right example for others in the banking industry.

The Rapidly Shrinking Pool of Female Bank CEOs

Today only three women helm major U.S. banks. But according to Beth Mooney, CEO of KeyCorp, it's only a matter of time before some female executives climb those last few rungs of the corporate ladder.

Women Can Change the Conversation: Zions' LeeAnne Linderman

Absolutely, gender matters in every industry, says Zions' LeeAnne Linderman. And she noticed a difference at Zions as more women joined the senior ranks.

Gender Always Matters: Bank of America's Cathy Bessant

Men and women approach life differently, says Cathy Bessant, Bank of America's global technology and operations executive. Women tend to care more about their legacy, and not many would take satisfaction in having a tombstone that says, "great banker."

Women Need to Hang In There: Ally Bank's Barbara Yastine

Count Ally Bank CEO Barbara Yastine among those who think gender is still an issue in banking. Here's what she thinks women can do about it.

Mooney on Guidance for the 'Daughters' of Banking

KeyCorp Chairman and CEO Beth Mooney's advice for career success.

Mooney: We Have an Extra Obligation to Do It Well

KeyCorp's Beth Mooney on what her CEO role symbolizes.

JPM's Erdoes Answers the Critics

Accepting her award as American Banker's Most Powerful Women in Finance, Mary Callahan Erdoes of JPMorgan Chase delights her audience with a humorous anecdote, and unapologetic pride, about working in the industry today.

Related: The Most Powerful Women in Banking

Alemany: We've Gone from a Lack of Data to Big Data

Lifetime Achievement honoree Ellen Alemany notes how the industry has evolved since the start of her career. Alemany, the recently retired head of RBS Citizens Financial Group, accepted the award at an American Banker gala celebrating the industry’s most powerful women.

What Would You Tell Your Daughter?
Women in Banking: Pathways to Power

How today's female executives are clearing roadblocks to the executive suite.

KeyCorp's Beth Mooney: The Most Powerful Woman in Banking

The KeyCorp chairman and CEO on the extra obligation she feels to help bring more women into leadership positions.

KeyCorp's Beth Mooney on the Business Environment for Banks

The KeyCorp chairman and CEO discusses the advantages of the regional banking model, the U.S. economic picture and how banks are coping with it.

KeyCorp's Beth Mooney: 'This Is the New Normal'

The KeyCorp chairman and CEO says the new regulatory, reputational and cost pressures on banks aren't going away anytime soon.

Celebrating 10 Years

The Most Powerful Women in Banking and Finance, Then and Now

Women in Banking Keynote: Sheryl Wudunn

The author and Pulitzer Prize-Winning journalist discusses the plight of woman around the world and how to bring about change.

Women in Banking Keynote: Irene Dorner

Irene Dorner, The most powerful woman in banking and chief executive officer of HSBC USA, Irene Dorner, speaks about creating an inclusive workplace, her secrets for success and how to restore banking's good name.

The 25 Most Powerful Women in Finance

Across asset management, investment banking, capital markets and cards, these executives are helping to create a path to parity for women in a traditionally male-dominated field.

1. Ann Marie Petach
CFO, Blackrock

As chief financial officer at BlackRock, Ann Marie Petach works in a soaring skyscraper in midtown Manhattan. It's a long way away from the greasy, gritty Ford Motor plant in Michigan where she started her career.

When Petach took an entry-level job as a financial analyst in Ford's electrical and electronics division, she thought it would simply be a good way to learn corporate finance, and that her stay with the automaker would last no longer than three years. But it turned into a 23-year journey that spanned three continents and led to Petach becoming Ford's treasurer.

It also led to her job at BlackRock, which helped Ford with its debt issuance and pension fund management. Petach got to know BlackRock CEO Laurence Fink, and once asked for his advice on a job opportunity that came her way. He told her not to take it, and soon hired her himself, bringing her on board in 2007 as head of business finance, and making her CFO a year later.

Petach defies the stereotype of the CFO as corporate bean counter. She is a strategic adviser both internally and to key clients. In addition to chairing BlackRock's capital committee and co-chairing its corporate risk committee, she sits on the firm's global executive, global operating and government relations steering committees.

It was Petach who pushed BlackRock to increase its credit line from a negligible amount to something closer to $2.5 billion, which eventually helped position the firm to be able to acquire Barclays Global Investors in 2009. The $15.2 billion deal-Petach was instrumental in the due diligence process-vaulted BlackRock's assets under management, now at $3.56 trillion, past that of State Street and Fidelity Investments. She also spearheaded major secondary offerings that pushed shares formerly held by big stakeholders like Bank of America into the public market. In less than two years, BlackRock's ownership has gone from 80 percent privately held to 80 percent public. Along the way, as the public float crossed the 50 percent mark, the firm qualified for inclusion in the Standard & Poor's 500 Index, which it joined in April 2011.

There were few women in upper management at Ford when Petach began her career in the auto industry in the 1980s. But at Black-Rock, she notes, two of the eight founders were women.

"I do believe success breeds success," Petach says. "I was coming into a place where I walked in the door and knew there were senior women with a seat at the table. I wasn't filling a statistic or breaking the barrier. The barrier didn't exist."

One of the "uncelebrated positives" of the Barclays Global Investors deal, Petach says, is all of the networking and development groups that came with the acquisition. Petach is active in the firm's Women's Leadership Forum and OUT Network.

A married mother of two school-age children, Petach advises mentees to be flexible in their approach to balancing work and home obligations, and promises this can be done without hurting future advancement. "It's impossible to have a plan or strategy. You have to recognize that every single day, every year, every period of time, your priorities are going to be different based on your needs for that moment of time."

There was no shortage of talent in the room at American Banker's Oct. 9 awards ceremony in New York honoring the Most Powerful Women in Banking and Finance. So it seemed appropriate for some of the industry's biggest success stories to offer advice to up-and-coming women in their fields. Here are 14 honorees reflecting on lessons learned in their own careers.

Successful. Influential. Innovative. These women are driving results at their institutions, and paving the way for the female talent behind them.

Whether newcomers to the power scene or bank industry veterans taking on a new challenge, these women bear keeping an eye on.

From capital markets to card networks, businesses in the finance sector are benefiting from these women's efforts.
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