MOSTPOWERFUL WOMEN

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Kaku Nakhate, 

President and country head-India
age: 53
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As head of Bank of America’s India operations for more than 10 years, Nakhate’s stint is the longest for a CEO of any foreign bank in India. Robust profit, and a constantly growing lending book, with zero non-performing assets, have been the hallmark of her decade-long reign. Her bank exclusively advised Facebook on its $5.7-billion stake-buy in Reliance’s Jio Platforms. This is believed to be the biggest technology deal in the world for a minority stake in any company, and the biggest technology investment in India.
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