The Most Powerful Women in Banking 2023

After the acquisition of TCF Financial in 2021, Pierce, who has worked in banking since 1978, has been strategizing about how to make the bank more cost-effective and scalable.

Bakhshi is now special advisor to BMO Financial Group, the Montreal-based bank that bought Bank of the West from its former parent, Paris-based BNP Paribas, in February.

When Tracy Kerrins became head of technology at Wells Fargo in April, she joined a small group of women who share that role including Lori Beer at JPMorgan Chase and Judy Dinn at TD Bank.

Chayt has been running Fifth Third's commercial payments division for seven years. The group generated $672 million in revenue and $643 million in total fee income in 2022.

In January, Stevens' title at Fifth Third was changed to chief marketing officer, and the scope of her responsibilities now include overseeing the rollout of Fifth Third's online and mobile banking efforts and leading the bank's external and internal communication efforts.

Brown leads the $7.8 billion-asset bank, which bills itself as America's "socially responsible bank."

Erdoes' team finished the second quarter with $4.6 trillion in total client assets and $3.2 trillion in assets under management. Year-on-year, those figures were up 20% and 16%, respectively.

Johnson joined the family business in 1988, becoming its CEO in 2014 and chair two years later. Since then, she has continued to push Fidelity to expand.

As part of TIAA's mission, Duckett is doubling down on her efforts to ensure that Americans save enough for retirement.

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.

A native of Baltimore, Friedman grew up with finance: Her father, David Testa, was chief investment officer at financial advisory firm T. Rowe Price.

In early 2023, UBS took over the ailing Credit Suisse, and Harford has been hard at work integrating Credit Suisse's asset management business.

As chief product officer, Milrod now oversees a team of more than 500 professionals who provide a diverse range of services and products to institutional investors around the globe.

As CEO, she leads the efforts of seven specialist investment firms. Together, these companies offer investment solutions across every major asset class. 

Martin heads the NYSE Group division of Intercontinental Exchange, having worked for the company and its predecessors for more than two decades.

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.

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.

 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.

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.

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.