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.

28 of 50

28. Gail Kelly

CEO
St. George Bank

Country: Australia
2006 rank: New

After six years running St. George Bank, transforming it from a sleepy mortgage lender into Australia's fifth-largest bank, Kelly is moving on - and up. In February the 49-year-old South African will take the reins at Westpac. Her challenge: to lift the once-great Sydney bank out of fourth place, where it's a possible takeover target.

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 2007

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)

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25 Best-paid men

See how male executives' paychecks compare. (more)

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