More than one quarter of the most powerful women in finance are in asset management, according to a banking-focused trade publication.

Mary Callahan Erdoes J.P. Morgan CEO of Asset and Wealth Management

Yesterday, Arizent's American Banker team released 2022 list of the 25 "Most Powerful Women in Finance." The list includes seven familiar fundster executives (plus a couple of chiefs at firms with subsidiaries in the mutual fund business). (That's up from five on the 2020 list.)

Mary Callahan Erdoes, CEO of asset and wealth management at J.P. Morgan Chase, is the number one person on the list this year. Other fundster winners include: Abby Johnson, chair and CEO of Fidelity Investments, at number two; Suni Harford, president of UBS Asset Management, at 12; Jenny Johnson, president and CEO of Franklin Templeton, at 16; Yie-Hsin Hung, outgoing CEO of New York Life Investment Management, at 17; Michelle Seitz, outgoing CEO and chair of Russell Investments, at 21; and Kate Burke, chief operating officer and chief financial officer of AllianceBernstein, at 23. And chiefs of parents of fund firms ranked at numbers three and 19.

The American Banker team also released new lists of "The Most Powerful Women in Banking" and "The Most Powerful Women to Watch." This year is the 20th anniversary of the banking list, while the finance list (then call the "Nonbank Women in Finance" list) debuted in 2008. 

Edited by: Neil Anderson, Managing Editor


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