wcrc leaders asia 2 | Page 54

COVER STORY ASIA'S 100 MOST POWERFUL WOMEN CEO of Olayan Financing Company, Lubna Olayan is one of Saudi Arabia’s most exceptionally influential businesswomen. She was listed as one of the top 100 most influential people of 2005 by Time magazine, and has continued to be on the Forbes list of most powerful women till 2011 and has returned to the list in 2014. In 2004, In a country with many restrictions on women, Olayan was a keynote speaker at the Jeddah Economic Forum in 2004, which highlighted her as the first woman to speak at a mixed conference in Saudi Arabia. As of 2014, she is listed as the 86th most powerful woman in the world by Forbes. Her persistence, passion and power to be able to stand up for what she believed in and made a difference. LUCY PENG Citizenship/Residence Hangzhou , China LUBNA S. OLAYAN Citizenship/Residence Saudi Arabia Lucy Peng is arguably Alibaba’s most powerful woman executive. Peng was a cofounder of Alibaba and continues to serve as its chief people officer. In march 2013, she was appointed as the CEO of Ant Financial Services. It entails Alipay, China’s version of PayPal and the engine powering the entire Alibaba e-commerce world; Alipay Wallet, a mobile payment service provider, among others. It recently added MYbank, commercial banking for small clients. An IPO for Ant Financial is in the cards. MAI KIEU Mai Kieu Lien,a graduate engineer in milk LIEN processing technology returned to Vietnam in 1976 when 22 years old and started working for milk and coffee company Southern, forerunner of Vinamilk. Citizenship/Residence France/ Vietnam She has contributed to the modernization of old cooperatives of this state. After privatization in 2003, she played a key role in transforming Vinamilk into one of Vietnam’s most profitable brands and a respected name across Asia. Under her management, Vietnam has launched products to occupy both domestic and international market leads to great achievement. In 2012 she was included in the Forbes list of 50 women entrepreneurs have the most power in Asia. 54 Up Till October 15, 2015