Women in Banking: The Most Powerful in 2018

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American Banker announced its 16th annual ranking of the Most Powerful Women in Banking and Finance on Sept. 24.

The ranking is made up of three lists:

  • The Most Powerful Women in Banking, recognizing the most influential female leaders in the banking industry
  • The Women to Watch, spotlighting both seasoned executives (some of whom have moved into new roles over the past year) and others who are having a notable impact
  • And the Most Powerful Women in Finance, featuring outstanding women in businesses such as capital markets, asset management, investment banking and cards

Our cover photo this year diverges from our usual approach: It not only features seven honorees from the lists above, but also women in the pipeline who our honorees expect to be among the Most Powerful Women of the future. Read more about it here. (The mentees we featured in our coverage include KeyCorp's Jasmine Hosein, HSBC's Julia Britton, Bank of America's Anne Walker, MUFG's Enid Jean-Claude, Citizens Bank's Christina Hamlin, U.S. Bancorp's Diana Moy, Goldman Sachs' Samantha Spilkin, Morgan Stanley's Meera Clark, and Charles Schwab's Jessica Seidlitz.)

Five companies received Top Teams awards for their work in developing and promoting female talent (listed below).

The Lifetime Achievement honorees are Rosemary Berkery of UBS and Barbara Byrne of Barclays.

The gala awards dinner took place Oct. 4, and you can find coverage here and here. You can also see a video clip of Berkery's speech here and Byrne's speech here.

And check out photos from the cocktail event held exclusively for the honorees the night before the gala.

The Most Powerful Women in Banking

1. Cathy Bessant, Bank of America
2. Marianne Lake, JPMorgan Chase
3. Ellen Alemany, CIT Group
4. Nandita Bakhshi, Bank of the West
5. Diane Reyes, HSBC
6. Sandie O'Connor, JPMorgan Chase
7. Barbara Desoer, Citigroup
8. Anne Finucane, Bank of America
9. Jane Fraser, Citigroup
10. Thasunda Duckett, JPMorgan Chase
11. Diane Morais, Ally Financial
12. Stacey Friedman, JPMorgan Chase
13. Andrea Smith, Bank of America
14. Kate Quinn, U.S. Bancorp
15. Dorothy Savarese, Cape Cod Five Cents Savings Bank
16. Karen Larrimer, PNC Financial Services Group
17. Leslie Godridge, U.S. Bancorp
18. Hannah Grove, State Street
19. Anne Clarke Wolff, Bank of America
20. Amy Brady, KeyCorp
21. Teresa Tanner, Fifth Third Bancorp
22. Helga Houston, Huntington Bancshares
23. Sandy Pierce, Huntington Bancshares
24. Patricia Husic, Centric Financial
25. Diana Reid, PNC Financial Services Group

The Women to Watch

1. Mary Mack, Wells Fargo
2. Ernie Johannson, BMO Harris Bank
3. Allison Dukes, SunTrust Banks
4. Jennifer Piepszak, JPMorgan Chase
5. Yolande Piazza, Citigroup
6. Ranjana Clark, MUFG
7. Ellen Patterson, TD Bank
8. Bita Ardalan, MUFG
9. Beth Johnson, Citizens Financial Group
10. Hope Hardison, Wells Fargo
11. Rosilyn Houston, BBVA Compass
12. Jill Castilla, Citizens Bank of Edmond
13. Mary McNiff, Citigroup
14. Monique Herena, BNY Mellon
15. Liz Wolverton, Synovus Financial
16. Avid Modjtabai, Wells Fargo
17. Barbara Duck, BB&T
18. Laura Lee Stewart, Sound Community Bank
19. Jane Russell, TD Bank
20. Luanne Cundiff, First State Bank of St. Charles
21. Jennifer Smith, Zions Bancorp.
22. Paulette Mullings Bradnock, BNY Mellon
23. Debbie Crowder, SunTrust Banks
24. Dana Abraham, UMB Financial
25. Patricia Kellerhals, Commerce Bank

The Most Powerful Women in Finance

1. Mary Callahan Erdoes, JPMorgan Chase
2. Abigail Johnson, Fidelity Investments
3. Margaret Keane, Synchrony Financial
4. Marie Chandoha, Charles Schwab
5. Charlotte McLaughlin, PNC Financial Services Group
6. Diane Offereins, Discover Financial Services
7. Candace Browning, Bank of America
8. Rebecca Patterson, Bessemer Trust
9. Joyce Chang, JPMorganChase
10. Julie Monaco, Citigroup
11. Katia Bouazza, HSBC
12. Diane Schumaker-Krieg, Wells Fargo
13. Kelly Coffey, JPMorgan Chase
14. Suni Harford, UBS
15. Yie-Hsin Hung, New York Life Insurance Co.
16. Gunjan Kedia, U.S. Bancorp
17. Stephanie Cohen, Goldman Sachs
18. Elinor Hoover, Citigroup
19. Liz Myers, JPMorgan Chase
20. Paula Polito, UBS
21. Tracey Brophy Warson, Citigroup
22. Cary Grace, Aon
23. Michelle Neal, BNY Mellon
24. Amy Carlson, KeyCorp
25. Claudine Gallagher, BNP Paribas

Top Teams

(Ordered by asset size)

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