Times of Islamabad

Saudi Arabia’s Rania Nashar makes history in Forbes 100 most powerful women in the World

Saudi Arabia’s Rania Nashar makes history in Forbes 100 most powerful women in the World

ISLAMABAD – Saudi Arabia’s Rania Nashar makes history in Forbes 100 mostpowerful women in the World.Rania Nashar, first female CEO of Saudicommercial bank, Samba Financial Group, has made it to Forbes list of ‘TheWorld’s 100 most powerful women’.

Germany’s Angela Merkel has secured the top spot.

This year’s list of World’s Most Powerful Womenlink is a collection ofinnovators and instigators who are leading on the world stage to redefinetraditional power structures and forge lasting impact in every industry andsphere of influence.

They’re using their power and their platforms to scale global business,solve the world’s most intractable issues, transform cultural narrativesand make significant strides toward advancing equality.

Their accomplishments are formidable on their own, and even more so givenhow difficult it can be to establish inroads into industries and job titlestraditionally dominated by men, especially in tech, defense, venturecapital, and Hollywood.

In 2010, Forbes Most Powerful Women’s list saw Angela Merkel (#1 in 2019)landing in the top ten for her fifth consecutive year with fellow listeesincluding Australian Prime Minister Julia Guillard and a new generation offemale leaders emerging in Latin America, including Brazil’s DilmaRousseff, Costa Rica’s Laura Chinchilla Miranda and Cristina Fernández deKirchner of Argentina.

This political snapshot set a now unmet expectation that the trendline ofwomen holding the highest political positions on the global stage wouldonly accelerate.

Fast forward to the 2019 ranking and Merkel remains the only femalecommander-in-chief of a G20 nation (and retains the top spot for the 9thconsecutive year and 14th appearance overall), with women todayrepresenting just 5% of government heads and holding only 24% ofparliamentary seats.

But women’s collective political punch around the globe is nonetheless onthe rise.

Close to a quarter of the Forbes listees this year play a major role inpolicymaking and geopolitical issues across countries with a collective GDPof $56 trillion—almost two-thirds of the world’s total GDP—and with over3.5 million constituents under their purview.