The Most Powerful Women in Finance

JPMorgan Chase’s securities services business has, in the words of Chairman and Chief Executive Jamie Dimon, “transformed itself into an industry powerhouse” in recent years and much of the credit for that goes to Teresa Heitsenrether.

Under Heitsenrether, the global head of custody and fund services, the business has scored some huge wins, including beating out State Street to be custodian for more than $1 trillion in assets from BlackRock. Since the end of 2016, assets under custody have increased 24%, to $25.4 trillion.

At No. 11, Heitsenrether is the highest-ranked newcomer to our list of the Most Powerful Women in Finance for 2019. Joining her on the list are six other new faces, including Michelle Seitz, the CEO of Russell Investments, and Katy Knox, the president at Bank of America Private Bank.

The list includes many familiar faces as well, most notably at the top. Scroll through to see the complete ranking of the 25 Most Powerful Women in Finance for 2019.

And be sure to check out the other rankings:
Most Powerful Women in Banking
The Women to Watch

Mary Callahan Erdoes, JPMorgan Chase
Mary Callahan Erdoes
CEO, Asset and Wealth Management
J.P. Morgan

Read her full profile.
Abigail Johnson, Fidelity Investments
Abigail Johnson
Chairman and CEO
Fidelity Investments

Read her full profile.
Margaret Keane, Synchrony Financial
Margaret Keane
Synchrony Financial

Read her full profile.
Charlotte McLaughlin, PNC Financial Services Group
Charlotte McLaughlin
President and CEO
PNC Capital Markets

Read her full profile.
Diane Offereins, Discover Financial Services
Diane Offereins
President, Payment Services
Discover Financial Services

Read her full profile.
Candace Browning, Bank of America
Candace Browning
Head of Global Research
Bank of America Merrill Lynch

Read her full profile.
Joyce Chang, JPMorgan Chase
Joyce Chang
Chair, Global Research
J.P. Morgan

Read her full profile.
Rebecca Patterson, Bessemer Trust
Rebecca Patterson
Chief Investment Officer
Bessemer Trust

Read her full profile.
Julie Monaco, Citigroup
Julie Monaco
Global Head of Corporate and Investment Banking Coverage for Public Sector

Read her full profile.
Katia Bouazza, HSBC
Katia Bouazza
Head of Global Banking, Latin America

Read her full profile.
Teresa Heitsenrether, JPMorgan Chase
Teresa Heitsenrether
Global Head of Custody and Fund Services
J.P. Morgan

Read her full profile.
Suni Harford, UBS
Suni Harford
UBS Asset Management

Read her full profile.
Yie-Hsin Hung, New York Life Insurance Co.
Yie-Hsin Hung
New York Life Investment Management

Read her full profile.
Katy Knox Bank of America
Katy Knox
Bank of America Private Bank

Read her full profile.
Gunjan Kedia, U.S. Bancorp
Gunjan Kedia
Vice Chairman, Wealth Management and Investment Services
U.S. Bancorp

Read her full profile.
Liz Myers, JPMorgan Chase
Liz Myers
Head of Global Equity Capital Markets
J.P. Morgan

Read her full profile.
Elinor Hoover, Citigroup
Elinor Hoover
Global Co-Head Consumer Products, Corporate and Investment Banking

Read her full profile.
Michelle Seitz, Russell Investments
Michelle Seitz
Chairman and CEO
Russell Investments

Read her full profile.
Tracey Brophy Warson, Citigroup
Tracey Brophy Warson
Chairman, Citi Private Bank, North America

Read her full profile.
Cary Grace, Aon
Cary Grace
CEO, Global Retirement and Investment Solutions

Read her full profile.
Claudine Gallagher, BNP Paribas
Claudine Gallagher
Head of Securities Services for the Americas
BNP Paribas

Read her full profile.
Barbara Mariniello, Barclays
Barbara Mariniello
Head of Debt Capital Markets for the Americas

Read her full profile.
Michaela Ludbrook, Deutsche Bank
Michaela Ludbrook
Americas Head of the Global Transaction Bank
Deutsche Bank

Read her full profile.
Michal Katz, Mizuho Financial Group
Michal Katz
Head of Corporate Investment Banking for the Americas
Mizuho Financial Group

Read her full profile.
Roelfien Kuijpers, DWS Group
Roelfien Kuijpers
Head of Responsible Investments and Strategic Relationships
DWS Group

Read her full profile.
This article originally appeared in American Banker.