SAIL CMD Soma Mondal features in Forbes’ World’s 100 most powerful women list

New York: Soma Mondal, the Chairperson of Maharatna PSU SAIL has been featured in the Forbes' World's 100 most powerful women on Wednesday. She was ranked 67th by the Forbes. Alongside Steel Authority of India Ltd's (SAIL) Mondal, Finance Minister Nirmala Sitharaman (rank:36), Biocon Executive Chairperson Kiran Mazumdar-Shaw (rank:72) and Nykaa founder Falguni Nayar (rank: 89) are among six Indians who have made it to the Forbes' annual list of The World's 100 Most Powerful Women. Other Indian women to feature on the list are HCLTech Chairperson Roshni Nadar Malhotra (rank: 53), Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch (rank: 54).

Highlighting the profile of Mondal, Forbes said, "Mondal, 59, who became the first woman to chair the state-run Steel Authority of India (SAIL) in January 2021, has led the company to record financial growth since taking over. The company's profits surged threefold to 120 billion rupees in her first year at the helm."

SAIL Chairperson Soma Mondal on Forbes 'Asia's Power Businesswomen' list

"Ranked at number 36, Sitharaman has made it to the list for the fourth time in a row. In 2021, the 63-year-old minister was ranked at number 37 in the list, while she was in the 41st spot in 2020 and 34th in 2019," Forbes noted.

"On March 1, 56-year-old Buch became the first female chair of the SEBI, which oversees India's more-than USD 3 trillion stock market ecosystem," it said.

"The list was determined by four main metrics: money, media, impact and spheres of influence. For political leaders, we weighed gross domestic products and populations; for corporate leaders, revenues and employee counts; and media mentions and reach of all. The result is a collection of women who are fighting the status quo," said Forbes.

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