37. Chanda Kochhar
Deputy Managing Director, ICICI Bank
2005 rank: 47
Promoted to her new position in April, Kochhar, 44, has added ICICI's fledgling corporate banking operation to her retail responsibilities. The bank, India's second largest, has 15 million customers who account for one-third of India's retail lending. Kochhar, one of three women on the bank's board, is said to be a strong candidate to take over as CEO in 2008.
Call it the year of the Most Powerful Woman CEO. In fact the top seven positions on the 2006 list are held by chief executives.) (more)
Which corporate women raked it in - and how much did they earn? (more)