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  • Most Powerful Women in Finance 2023
    The Most Powerful Women in Finance: No. 4, Jenny Johnson, Franklin Templeton

    As president and CEO, Johnson is responsible for developing Franklin Templeton's overall strategic direction, executing on that strategy and advancing the firm's client-centric culture.

    Case-Ingrid-Headshot
    By Ingrid Case
    September 27
    Jenny Johnson WiB 2023
  • Most Powerful Women in Finance 2023
    The Most Powerful Women in Finance: No. 11, Sharon Yeshaya, Morgan Stanley

    Yeshaya joined Morgan Stanley as a college intern and returned after graduation as an investment banking analyst. She rose up in the fixed income division before being chosen by CEO James Gorman to be his chief of staff in 2015.

    By Rose Jacobs
    September 27
    Sharon Yeshaya WiB 2023
  • Most Powerful Women in Finance 2023
    The Most Powerful Women in Finance: No. 10, Katy Knox, Bank of America

    Knox has run the private bank since 2018. It is one of two units in Bank of America's private wealth and investment management division, along with Merrill Wealth Management.

    By Matthew Blake
    September 27
    Katy Knox WiB 2023
  • Most Powerful Women in Finance 2023
    The Most Powerful Women in Finance: No. 12, Elif Bilgi Zapparoli, Bank of America Securities

     In perhaps the most high-profile deal Zapparoli advised upon, BofA Securities was joint bookrunner and global coordinator of Porsche's initial public offering last October.

    By Matthew Blake
    September 27
    Elif Bilgi Zapparoli WiB 2023
  • Most Powerful Women in Finance 2023
    The Most Powerful Women in Finance: No. 13, Teresa Heitsenrether, JPMorgan Chase

    JPMorgan appointed Heitsenrether as its first chief data and analytics officer in June, leading the adoption of artificial intelligence technologies across the bank's operations.

    laurent-william.jpg
    By William Laurent
    September 27
    Teresa Heitsenrether WiB 2023
  • Most Powerful Women in Finance 2023
    The Most Powerful Women in Finance: No. 14, Penny Pennington, Edward Jones

    Pennington has been with Edward Jones since 2000. She has held such positions as financial advisor; principal, branch and region development and principal, client strategies group before being named managing partner.

    By Rebecca Stropoli
    September 27
    Penny Pennington WiB 2023
  • Most Powerful Women in Finance 2023
    The Most Powerful Women in Finance: No. 16, Kara McShane, Wells Fargo

    McShane has successfully navigated record-high inflation and the threat of a recession to seamlessly integrate Wells Fargo's CRE platform across all lending and capital markets products and services. 

    laurent-william.jpg
    By William Laurent
    September 27
    Kara-McShane
  • Most Powerful Women in Finance 2023
    The Most Powerful Women in Finance: No. 17, Anu Aiyengar, JPMorgan Chase

    Aiyengar manages a team of over 250 M&A bankers in 17 countries across the globe. She has been with JPMorgan since 1999.

    By Rebecca Stropoli
    September 27
    Anu Aiyengar WiB 2023
  • Most Powerful Women in Finance 2023
    The Most Powerful Women in Finance: No. 18, Ida Liu, Citigroup

    In addition to her work as global head of Citigroup's Citi Private Bank, Liu also co-leads the bank's Asian affinity network.

    Case-Ingrid-Headshot
    By Ingrid Case
    September 27
    Ida Liu WiB 2023
  • Most Powerful Women in Finance 2023
    The Most Powerful Women in Finance: No. 21, Samara Cohen, BlackRock

    Cohen serves as BlackRock's senior managing director and chief investment officer of ETF and index investments, leading a majority female team.

    laurent-william.jpg
    By William Laurent
    September 27
    Samara Cohen WiB 20223
  • Most Powerful Women in Finance 2023
    The Most Powerful Women in Finance: No. 23, Meghan Graper, Barclays

    Before her promotion to global co-head of debt capital markets, Graper headed Barclays's U.S. investment grade syndicate team for nearly a decade.

    By Matthew Blake
    September 27
    Meghan Graper WiB 2023
  • Most Powerful Women in Finance 2023
    The Most Powerful Women in Finance: No. 15, Gunjan Kedia, U.S. Bank

    Kedia is in charge of roughly half of Minneapolis-based U.S. Bank's total deposits and about half of the lender's average loan balances. Her team includes 11,100 employees.

    By Matthew Blake
    September 27
    Gunjan Kedia WiB 2023
  • Most Powerful Women to Watch 2023
    The Most Powerful Women to Watch: No. 1, Tasnim Ghiawadwala, Citigroup

    Ghiawadwala provides full-scale products and services to midsize companies across the globe. In 2022, that meant delivering "the right solution at the right time" to 14,000 enterprise businesses.

    By Dina Hampton
    Journalist
    September 27
    Tasnim Ghiawadwala WiB 2023
  • Most Powerful Women to Watch 2023
    The Most Powerful Women to Watch: No. 3, Aarthi Murali, M&T Bank

    Murali was hired in February 2020 as M&T's first-ever chief customer experience officer, a role that was recently expanded to include employee experience.

    By Joel Berg
    September 27
    Aarthi Murali - Wilmington DE
  • Most Powerful Women to Watch 2023
    The Most Powerful Women to Watch: No. 6, Hope Dmuchowski, First Horizon Corp.

    Dmuchowski is the only female CFO of a large or mid-cap U.S. bank. When she joined First Horizon in late 2021 from Truist, women made up 60% of the executive management team.

    berry-kate126x126.jpg
    By Kate Berry
    Reporter
    September 27
    6.-Hope-Dmuchowski.jpg
  • Most Powerful Women to Watch 2023
    The Most Powerful Women to Watch: No. 7, Cassandra McKinney, Comerica Bank

    McKinney leads Comerica's retail line of business, directing strategy and execution for its consumer and small-business banking segments nationally, which generates $800 million in revenue.

    By Rebecca Stropoli
    September 27
    wibwatch21-cassandra-mckinney
  • Most Powerful Women to Watch 2023
    The Most Powerful Women to Watch: No. 8, Kavita Mahtani, HSBC North America Holdings

    Mahtani has worked in the banking industry since 1996, with stints at Merrill Lynch, Morgan Stanley and Citi.

    By Matthew Blake
    September 27
    8.Kavita-Mahtani.jpg
  • Most Powerful Women to Watch 2023
    The Most Powerful Women to Watch: No. 9, Liz Wolverton, Synovus Financial Corp.

    Wolverton, who has been at Synovus since 2003, has made it a point to hire women to senior leadership positions, and the majority of her direct reports are women.

    By Matthew Blake
    September 27
    9.-Liz-Wolverton.jpg
  • Most Powerful Women to Watch 2023
    The Most Powerful Women to Watch: No. 10, Ellen Patterson, Wells Fargo

    As general counsel, Patterson leads roughly 1,300 attorneys and legal professionals across the bank. She was formerly the general counsel at TD Bank Group. 

    Claire Williams, staff writer, American Banker
    By Claire Williams
    Reporter
    September 27
    10.-Ellen-Patterson.jpg
  • Most Powerful Women to Watch 2023
    The Most Powerful Women to Watch: No. 14, Tanya Sanders, Wells Fargo

    Before being tapped as the head of Wells Fargo's auto division, Sanders was head of its auto transformation team.

    By Polo Rocha
    Staff Writer
    September 27
    14.-Tanya-Sanders.jpg
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23RD ANNUAL THE MOST POWERFUL WOMEN IN BANKING

Meet The Most Powerful Women in Banking 2025, our annual ranking of the executives at the pinnacle of the industry.

ABM1025_Cover.jpg

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© 2026 Arizent. All rights reserved.
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© 2026 Arizent. All rights reserved.