The Most Powerful Women in Banking
Honorees gathered at Tiffany's Landmark building in New York City, where American Banker interviewed them about the industry's trajectory and leadership lessons they've learned in their careers.
When Peetz joined Citi in 2020, she was returning to work after three and a half years of retirement from a career that included leadership positions at Bank of New York Mellon, where she led the financial markets and treasury services group, and at JPMorgan Chase, where she had a variety of commercial lending, sales, and management positions.
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Ida Liu became head of Citi's North American private bank in 2019 and then went on to beat her projections by 12% in 2020 despite the pandemic. That helped her get a promotion last year to global head, running 50 offices across the globe and overseeing more than $500 billion in client business.
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Four years after AllianceBernstein announced it was relocating its headquarters from New York City to Nashville, the move was completed in May. Kate Burke, then the chief operating officer and head of private wealth, oversaw the move, relocating over 1,000 employees to the Music City.
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Kara McShane took over as head of the commercial real estate team at Wells Fargo at an inauspicious time: February 2020, when COVID-19 was heading toward pandemic status and offices were starting to empty out.
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Michelle Seitz has a long history of advocating for responsible investing and diversity and inclusion. Before joining Russell Investments in Seattle as CEO in 2017, Seitz spent 22 years in senior roles at Chicago-based William Blair, where she pushed for diversity and support for women in finance.
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One of the basic assumptions of the wealth management industry is that investing professionals should be based in the same cities as their clients. Gunjan Kedia asked her team at U.S. Bancorp to challenge that belief.
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The latest news and perspective on women in the industry | The Most Powerful Women in Banking program convenes and empowers the community of female executives in financial services.






