"Asia's most powerful woman in business this year is DBS CEO Tan Su Shan, who assumed the top role at Southeast Asia's largest bank in March. Since taking the helm, she's had to steer the bank through a revived trade war and the return of alternative financial products like cryptocurrencies. "I've told colleagues, 'This is going to be a volatile year, so you better buckle up,'" Tan says in the most recent issue of Fortune magazine."
"Second place goes to Grace Wang, founder of Chinese tech manufacturer and Apple supplier, Luxshare. Despite intensifying U.S.-China tensions, Luxshare is continuing to win new clients including, according to media reports, OpenAI, as the ChatGPT developer explores making its own devices and diversifies beyond existing customers. She's followed by Huawei CFO Meng Wanzhou, who just began a six-month term as the tech giant's rotating chair."
Tan Su Shan became DBS CEO in March and is steering Southeast Asia's largest bank through revived trade wars and the return of alternative financial products such as cryptocurrencies. Grace Wang's Luxshare continues winning new clients, reportedly including OpenAI, as the company diversifies beyond Apple supply relationships amid U.S.-China tensions. Meng Wanzhou began a six-month term as Huawei's rotating chair. Huawei is increasing locally made AI chip production to boost Chinese self-sufficiency. Bonnie Chan leads HKEX as IPO momentum returns, and Kathy Yang oversees Foxconn's shifting revenue toward server assembly. Mainland China, Hong Kong and Macau dominate the MPW Asia ranking, with Singapore, India and Thailand also represented and many newcomers.
Read at Fortune
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