Asia's Power Businesswomen 2016
- qualicominnovations
- Jul 8, 2016
- 5 min read
It wasn't until 1920 when women were finally allowed to vote in the United States (thanks to the 19th amendment). Women CEOs are still paid an average of 11.5% less than their male counterparts. In Canada, women earned almost $0.82 to every $1 earned by men. There are 85 million girls worldwide who are unable to attend school, compared with 45 million boys. Women have been struggling for centuries and even in modern society, they're still fighting for a just system. We have to recognize the presence of female rulers in our world, starting back in 3000 BCE, and that women are just as powerful as men can be. Today, we're going to start by highlighting some of Asia's finest and powerful business women. Here's a few names I randomly picked out from the list of 2016 Asia's Power Business Women by Forbes (in alphabetical order):
Sabrina Sih Ming Chao 41 (Hong Kong)
Chairman
Wah Kwong Maritime Transport Holdings
Chao became chairman of the Hong Kong Shipowners Association in 2015, the first woman in its 59-year history to hold the position. The association manages more than 2,100 ships with 190 members.
Chadatip Chutrakul 54 (Thailand)
CEO
Siam Piwat
She is best known as first lady of Siam Paragon, her signature mall. Her mall is one of the world's most posted sites on social media. Her family legacy revolves around hotels and shopping centres and she's helped engrave Siam Piwat's name into the highly-competitive retail industry of Thailand.
Lee Boo-jin 45 (South Korea)
President & CEO
Hotel Shilla
She is the eldest daughter of Samsung Chairman Lee Kun-hee. She is a key player in the Samsung empire as the heiress and stakeholder of C&T, which operates a resort and provides numerous business services. Lee runs Samsung affiliate Hotel Shilla, South Korea's biggest duty-free operator after Lotte.
Susan Lloyd-Hurwitz 49 (Australia)
CEO and Managing Director
Mirvac
She is one of only 3 female chief executives among Australia's top 50 listed companies. Mirvac has a $5.84 billion property investment portfolio. She studied urban planning at the University of Sydney and she became Mirvac's CEO in 2012. Under her leadership, she's helped deliver a 40% share price increase and last year, she was Australia's highest-paid female chief executive with a salary of $2.8 million.
Ma Xiuhui 45
Cofounder & CEO
Opple Lighting China
Ma and her husband make money through developing traditional lightbulbs in China's Guangdong Province export hub in the 1990s. Opple, founded in 1996, is a huge part of China's lighting industry and their sales last year topped $680 million. Ma handles mostly sales nad marketing.
Kiran Mazumdar-Shaw 63 (India)
Founder, Chairman & Managing Director
Biocon
An entrepreneur, she was awarded the Othmer Gold Medal for outstanding contributions to the progress of science and chemistry in 2014. Biocon, based in Bangalore, is the only Asian firm ranked among the top 20 biotech employers worldwide by Science magazine. It's a huge player in insulin and they were recently approved to sell generic versions of AstraZeneca's cholesterol-lowering drug, Crestor.
Tomoko Namba 53 (Japan)
Founder & Chairman
DeNA
DeNA is one of the largest mobile social network and mobile game companies in japan, with nearly $1.3 billion in revenues. However, Namba stopped down as CEO in 2011 to look after her husband but then returned full-time in 2013. DeNA and Nintendo met in March 2015 to team up and create new games and apps.
Nguyen Thi Phuong Thao 46 (Vietnam)
Cofounder & Chairman
Sovico Holdings
Nguyen cofounded Sovico, which owns the commercial HD bank and budget airline VietJet Air. HD banks has total assets of nearly $5 billion, 10,000 employees and 225 branches and offices. Nguyen was educated in Russia in the 1990s and she also owns 5-star hotels and resorts in Vietnam.
Lucy Peng 43 (China)
Cofounder & CEO
Ant Financial
Peng is a cofounder of Alibaba and she established the online financial services company, Ant Financial, in 2014 to cater to small businesses.
Gina Rinehart 62 (Australia)
Executive Chair
Hancock Prospecting
Gina is the daughter of a high-profile iron ore explorer, Lang Hancock, and rebuilt her family's estate from the ground. Her fortune comes in at $9.7 billion with Hope Downs as her main supplier.
Kathryn Shih 57 (Hong Kong)
President
UBS Asia Pacific
Shih grew up in the Philippines and went to school in Singapore and the States. She is the third woman on UBS' 13-member global executive board. She joined the bank in 1997 and by 2002, she was in charge of its wealth unit. Her team helped guadriple assets to $272 billion.
Teresita Sy 65 (Philippines)
Vice Chairman/Chairman
SM Investments/Banco de Oro Universal Bank
As the daughter of Henry Sy, the richest man in the Philippines, she helped bring in a net profit in 2015 of $533.8 million to her family conglomerate, SM Investments.
Chiyono Terada 69 (Japan)
Cofounder & President
Art Corp.
Terada founded Art Corp. with her husband in 1977 and it became one of Japan's largest moving companies, with annual revenues reaching nearly $810 million.
Patty Pei-Chun Tsai 36 (Taiwan)
CEO
Pou Chen Group
She graduated from Wharton and became CEO of the world's largest athletic and casual footwear maker. Under her leadership, sales have climbed 30% to $8.6 billion in 2015.
Supaluck Umpujh 60 (Thailand)
Vice Chairwoman/Chairman
Mall Group/Emporium Group
She went to school in the U.S. for pharmacology and now runs the second-largest retail chain in Thailand, with a dozen malls and department stores and an estimated 2016 revenue of $1.48 billion.
Jane Yan 46 (China)
Founder, Chairman & General Manager
Beijing Venustech
Yan helped build Venustech into China's leading Internet security firm with more than 30 branches at home and a collab in Japan. She's also into politics and several government organizations.
Wendy Sui Cheng Yap 60 (Indonesia)
Cofounder, President Director & CEO
Nippon Indosari
Nippon Indosari had revenues of $121.9 million in the first 9 months in 2015. Yap is the daughter of former Salim Group executive Piet Yap.
Zhou Qunfei 45 (China)
Founder, Chairman & General Manager
Lens Technology
Her company is one of the world's largest makers of glass screens for mobile phones and tablets and they've been a public company since March 2015. Zhou founded Lens in 2003 and they have more than 30 plants in China with nearly 90,000 employees. She supplies to Apple and Samsung.
Zhou Xiaoguang 53 (China)
Cofounder & Chairman
Neoglory Holdings Group
Her company is one of the world's largest costume jewelry maker and they also focus on e-commerce, real estate and finances. Revenyes grew by a third in 2015 to $1.4 billion.
Zhu Chongyun 51 (China)
Cofounder & Chairman
Shenzhen Marisfrolg Fashion
Zhu embraced fashion design and established Marisfrolg in Shenzhen in 1993 with her husband. They bring in $300 million in revenue, 4,000 employees and 5 clothing lines. Marisfrolg takes a solid top place in China's high-end women's apparel market.
The world can be changed business by business, just don't forget to recognize the women as well.
To read more about Asia's finest and powerful businesswomen, read the entire list here.
Sources:
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