The Most Powerful Women in Banking
Honorees gathered at Tiffany's Landmark building in New York City, where American Banker interviewed them about the industry's trajectory and leadership lessons they've learned in their careers.
It's easy to lead in good times, but during times of crisis that true leadership shows iteself. Good times these aren't. But if a crisis is "an opportunity riding the dangerous wind," as the Chinese proverb holds, then those profiled in the sixth-annual ranking of The 25 Most Powerful Women in Banking have achieved much-market conditions be damned-with barely a trace of windburn.
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Goldman Sachs pushed away the rumors and calmed the frayed nerves concerning its own health, and Liz Beshel played an essential role in that effort as the firm's treasurer.
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During 19 years at MasterCard, Joan Kelly has helped lead the development of systems that now process more than 21 billion payment transactions and settle $2.5 trillion between financial institutions.
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When she was chief information officer for Discover Financial Services, Diane Offereins created a network designed to put the 23-year-old company on technological par with its older and larger rivals. Now, as head of Discover's Payment Services, Offereins puts that infrastructure to work.
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At first glance, it seems as though the credit crisis would hit a retailer's account base hard. But Susan Ehrlich has managed to keep Sears Holdings Corp.'s customer count steady with a few old-fashioned tricks.
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Take away everything Carla Harris has accomplished in her career at Morgan Stanley and you would still have an extraordinary resume: gospel singer, much sought-after lecturer, newly-minted author, and director on the boards of eight non-profit organizations.
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The latest news and perspective on women in the industry | The Most Powerful Women in Banking program convenes and empowers the community of female executives in financial services.