Fri, Oct 03, 2003 - Page 10 News List

Legend CFO Ma is top-ranking Asia businesswoman

GLOBAL INFLUENCE `Fortune' magazine printed this year's list of the top 50 most powerful businesswomen outside the US

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Mary Ma (馬雪徵), chief financial officer at Legend Group Ltd (聯想集團), is the highest-ranking Asian businesswoman, according to this year's Fortune magazine list of the top 50 women with the most business influence outside the US.

Ma, a member of the top management at the Beijing-based company, the biggest personal computer maker in Asia outside Japan, kept the No. 5 spot in the list of women in businesses outside the US or those running overseas divisions for US companies.

Xie Qihua (謝企華), chairwoman and president of Shanghai Baosteel Group Corp (上海寶鋼), China's largest steelmaker, moved up to No. 16 from No. 18 last year.

Other Asian women on the list included Ho Ching (何晶), wife of Singapore Deputy Prime Minister Lee Hsien Loong (李顯龍) and executive director of Temasek Holdings Pte, the government's investment unit. Ho dropped four places to No. 10.

Nita Ing (殷琪), chairwoman of Taiwan High-Speed Railway Corp (台灣高鐵), fell to No. 35 from No. 23.

Chua Sock Koong (蔡淑君), chief financial officer at Singapore Telecommunications Ltd, dropped to No. 41 from No. 25. Pansy Ho (何超瓊), a daughter of Macau gambling tycoon Stanley Ho (何鴻燊) and managing director of Hong Kong-based Shun Tak Group, plunged to No. 46 from No. 31.

In Japan, Sawako Noma, president of publisher Kodansha Ltd, dropped six places to No. 33, while Yoshiko Shinohara, president of Tempstaff, fell 11 levels to No. 39.

The Fortune list was headed by Marjorie Scardino, chief executive of London-based Pearson Plc, the world's largest textbook publisher and owner of the Financial Times. Scardino topped the list last year.

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