Asia’s Power Businesswomen, 2015 – Forbes
Asia’s 50 Power Businesswomen list showcases a year of accomplishments by the region’s female entrepreneurs and executives, punctuated by the midas touch of China’s Alibaba and newcomers from two rapidly growing economies where women are starting to find a toehold in business.
To make the list, candidates have to be active in the upper echelons of the business world in Asia, wield significant power and have access to robust financial resources.
Two of Alibaba’s top female decision-makers made the grade (a first for any company): Maggie Wu, the online giant’s chief financial officer and the driver of its blockbuster IPO, the world’s biggest ever; and Lucy Peng, a cofounder of Alibaba and the energy behind its fast growing Ant financial-services unit, also reportedly planning an IPO.
Elsewhere, women are knocking down walls in the traditional male bastion of manufacturing, as witnessed by Taiwan’s Enid Huey-Chin Tsai of Hiwin Technology, and Japan’s Mayumi Kotani of Yushin Precision Equipment. Both work for companies involved in making industrial robots. Enid in particular brings a light touch to the gritty space, as head of a peer-support group called Elegant Leaders in the Machinery Sector.
Sometimes referred to as China’s H.J. Heinz, Foshan Haitian Flavoring & Food is helmed by Cheng Xue. She joined the country’s biggest maker of soy sauce in 1997 and now owns 9% of it, giving her wealth of more than $800 million.
Included for the first time are women from developing nations Mongolia and Myanmar. Garamjav Tseden is founder and chairman of mining company Monpolymet. Win Win Tint took the family grocery store and created a retail conglomerate that spans supermarkets, convenience stores, pharmacies, bookstores and more, all by the tender age of 39, making her one of the youngest on our inventory.
Five of the finalists have appeared previously in our Women to Watch lineup, moving to the list of 50 by dint of new responsibilities and expanding businesses, even more reason to look at this year’s watch crop as the change agents of the future.
Research and additional Reporting by: Shu-Ching Jean Chen, Susan Cunningham, FORBES Indonesia, Donald Frazier, Ron Gluckman, Jane Ho, Joyce Huang, Seline Jung, Naazneen Karmali, Sunshine Lichauco de Leon, Noelle Lim, Lan Anh Nguyen, Robert Olsen, Anuradha Raghunathan, Lucinda Schmidt, Jennifer Schultz Wells, James Simms, Enkhjargal Tsendjav
Asia’s Power Businesswomen, 2015 – Forbes}