14 of 26
BACKNEXT
13. Jiang Jianqing
13. Jiang Jianqing
Company: Industrial & Commercial Bank of China
Country: China
Title: Chairman
Age: 58

Industrial & Commercial bank of China's Jiang Jianqing has made no attempts to hide his massive global ambitions. Buoyed by climbing revenue and profits (net profits for 2010 reached $24.4 billion, up 28%), the chairman of the world's largest bank (by market value) has been eagerly stretching into every market that will have him. ICBC has opened institutions in more than 200 locations across the globe. Now Jiang has set his sights on obtaining a strong U.S. foothold. In October, ICBC paid a token $1 to purchase the Prime Dealer Services unit of Fortis Securities, allowing it to begin broker operations in the U.S. The bank also signed an agreement with Bank of East Asia to acquire an 80% stake of its U.S. subsidiary for $140 million.

-- W.B.



NEXT: 14. Ho Ching
Last updated April 19 2011: 5:21 AM ET
If it catches on, Tata's Nano will have a far greater impact on society than any sports car, and Ratan Tata could be remembered as the Henry Ford of India. More
The Chinese government is banning the word 'luxury' from advertisements in Beijing, but it's not trying to slow down its consumerism push. More
Auret van Heerden, CEO of the Fair Labor Association, discusses the rising labor costs in China and other developing nations, and when the jobs will come back to the U.S. More
  • Find Homes for sale
    Real estate and homes for sale on Trulia

  • Property Type
  • Find a home in:
  • New York | Atlanta | Chicago | Los Angeles
  • Washington D.C | Houston | Philadelphia | More options