Economy

The success of Erminia "Ernie" Johannson's United Way campaign is a testament to her skills as a leader and motivator and goes a long way toward explaining why BMO Financial CEO Darryl White keeps giving her bigger and more important jobs.

When HSBC announced 16 appointments amid changes to top management in April, Bouazza, who previously co-led the bank's Latin American business, was the lone woman selected.

Tepid loan demand, falling interest rates and heightened competition from nonbank lenders are just some of the headwinds facing commercial lenders these days, but Ardalan believes MUFG can expand its credit appetite without compromising safety and soundness.

First Republic Bank has been understandably mum about who might replace founder and Chief Executive James Herbert when he retires in two years, but Hafize Gaye Erkan, its 39-year-old president, is considered a leading candidate.

The Pennsylvania community bank has seen rapid growth in recent years, thanks in large part to its success in attracting women clients.

Nandita Bakhshi, CEO of Bank of the West, has pushed the bank's environmental commitments further, including $1 billion in clean energy financing over the next five years.

Three years into the turnaround plan at CIT Group, Ellen Alemany continues to remake the commercial finance company she inherited into more of a traditional bank. The purchase of Mutual of Omaha Bank is another step toward that goal.

It was the only large bank to publicly disclose the unadjusted pay gap between men and women, and now it's committing to narrowing the gap by moving more women into higher-paying leadership roles.

As head of commercial banking at PNC Financial Services Group, Stephanie Novosel knows full well that competition for loans is intense and that to win business banks need to add value that goes beyond offering competitive loan terms.

In June, Warson became the first person to hold the newly created job of chairman of Citi Private Bank, North America.

In her role as head of virtual channels at Citizens Financial Group, Beth Johnson is relentlessly focused on making banking simpler for consumers.

Amy Brady, KeyCorp's chief information officer, is keen to spread the word to potential employees about tech opportunities in Cleveland.

At a time when technology and regulations have led many banks to centralize their operations, Bank of America has expanded its emphasis on localized strategies under the leadership of Chief Administrative Officer Andrea Smith.

Of the world's 10 largest financial services firms by revenue, only JPMorgan Chase has a woman as its chief information officer.

Di Gangi has already seen tremendous success in running small and medium business lending, but this year she stretched even further. Among other things, she spearheaded the launch of WE Source, an online tool that helps women entrepreneurs with insights into funding, networking, strategy and other business essentials.

Cathy Bessant, Bank of America's chief operations officer and American Banker's Most Powerful Woman in Banking, has undertaken major initiatives outside her institution, including a focus on responsible AI.

A classically trained pianist who co-heads investment banking for consumer products at Citigroup, Hoover sees a parallel between the focus she and her team bring to their business and achievement at the highest levels of classical music.

Ranjana Clark, recently named as head of global transaction banking for MUFG Americas Holding Corp., led the rollout of a tool aimed at creating a better customer service experience for employees and customers alike.

Knox's hefty investments in client- and associate-facing technology are paying off for Bank of America's private bank.

Harford was recently promoted to president of UBS Asset Management after a two-year stint as head of investments.