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.
Recessions have been surprisingly good to Beth Mooney, and she's doing all she can to make sure this one works out well, too. Mooney got into banking in the mid-1970s downturn, scoring the only job she could find out of college: as a secretary at a Texas bank.
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While other bankers fretted about foreclosures and defaults this year, Avid Modjtabai spent her days (and a few nights) worrying about ATMs. Twelve thousand of them, to be exact.
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At least one winner emerged from the mortgage crisis. Donna DeMaio, chief executive officer of MetLife Bank, took advantage of rock-bottom prices to buy two mortgage companies last summer.
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For Sunflower Bank, 2009 was a time for looking inward. The company operates in markets that are slow-growth even in good times, and the past year was not among banking's better times. So the company, under the leadership of Mollie Hale Carter, undertook a new initiative called Execution 2009.
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Diane D'Erasmo can't type. Her mom didn't want her to learn when she was growing up. "She felt that if somebody knew you knew how to type that they would make you sit at a typewriter and type and be a secretary," she says.
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The British government's rescue of The Royal Bank of Scotland last year has thrust Ellen Alemany, the head of its U.S. operations, into an unfamiliar role: turnaround specialist.
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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.