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The Global Power 50

With 11 newcomers - several of them American expats gone to Europe - our list of the most powerful women in global business demonstrates their rise in male-dominated fields, from nuclear energy to mining to oil.

11. Annika Falkengren
President and CEO
SEB
Country: Sweden
2006 rank:  13

Falkengren, who became CEO in 2005, oversaw a record year at SEB. Operating profits rose 39%, to $2.1 billion, on $5.3 billion in revenue, buoyed by securities commissions, trading volume, and life insurance sales. Although Sweden remains SEB's largest market, Falkengren, 45, runs an international shop: Nearly half of the Swedish bank's revenues and more than half of its 20,000 employees come from abroad.
Cynthia Carroll Anne Lauvergeon Marjorie Scardino Patricia Russo Linda Cook Anne-Marie Idrac Marina Berlusconi Güler Sabanci Ana Patricia Botín Nancy McKinstry Annika Falkengren Ho Ching Maureen Chiquet Maria Ramos Chua Sock Koong Vivienne Cox Clara Furse Angela Ahrendts Barbara Kux Gulzhan Moldazhanova Val Gooding Patricia Barbizet Deb Henretta Cheung Yan Yang Mianmian María Aramburuzabala de Garza Sun Yafang Gail Kelly Lubna Olayan Barbara Stymiest Ingrid Matthäus-Maier Kate Swann Chanda Kochhar Ilene Gordon Galia Maor Pansy Ho Françoise Gri Naina Lal Kidwai Yoshiko Shinohara Barbara Dalibard Teresita Sy-Coson Dominique Hériard Dubreuil Imre Barmanbek Dominique Reiniche Sawako Noma Ofra Strauss Clara Gaymard Dong Mingzhu Li Xiaolin Kiran Mazumdar-Shaw
50 Most Powerful Women Women have come a long way (don't say 'baby') - and they're not slowing down. The credentials of the women on Fortune's list this year are the strongest yet. (more)
25 Highest-paid women Which corporate women raked it in last year - and how much did they earn? (more)
25 Best-paid men See how male executives' paychecks compare. (more)
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