Nita Ambani most powerful businesswoman in Asia: Forbes

     
April 8, 2016

NEW DELHI: Reliance Foundation Chairperson Nita Ambani, 52, has been named the most powerful businesswoman in Asia among a list of 50 women leaders from the region, according to Forbes. The list includes eight women from India.

The list that has leading women from China, Indonesia, Australia, Vietnam, Thailand, Hong Kong, Japan, Singapore, the Philippines and New Zealand, places SBI Chairman and Managing Director Arundhati Bhattacharya in the second position.

The other six Indians who made it to the rankings are Sigma CEO Ambiga Dhiraj (Ranking: 14), Welspun India CEO Dipali Goenka (16), Lupin CEO Vinita Gupta (18), ICICI Bank Managing Director & CEO Chanda Kochhar (22), VLCC Health Care Founder and vice chairman Vandana Luthra (26) and Biocon Founder, Chairman & Managing Director Kiran Mazumdar-Shaw (28).

Forbes described said Director of Reliance Industries Nita Ambani as the "first lady of Indian business." It said, "In a country where billionaire wives tend to remain in the shadow of their husbands, Nita's rising profile in the Reliance empire is unusual and earns her a debut spot."

About Kochhar, 54, it said, "as boss of the country's largest private-sector lender, Kochhar has to contend with the current bane of India's banking system: bad loans." Bhattacharya, 60, too faces the same challenge of having to deal with mounting bad loans. Of Mazumdar, 63, Forbes said, she is a "self-made" leader. Mazumdar is the chairman and managing director of Biocon Limited, a biotechnology company based in Bangalore.

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