Forbes magazine released the 2011 World’s Most Powerful People list last week.
Not surprisingly, 14 of the 70 names of the planet’s power players either work in finance or their job is related to the financial industry in some capacity.
Some of the highlights we noticed was that Christine Lagarde was the only woman whose work relates to the industry to make the cut. She’s the first woman to head the International Monetary Fund.
Another is that JPMorgan’s chief executive Jamie Dimon was ranked two spots ahead of Goldman Sach’s Lloyd Blankfein.
Blankfein was ranked ahead of Dimon on last year’s list.
During the last year, the outspoken Dimon has voiced his concerns saying the Basel group global banking regulations “anti-American” and calling out Federal Reserve Chairman Ben Bernanke with pointed questions regarding the Dodd-Frank Financial Regulatory Reform bill. He even had an argument at an IMF conference with the governor of the Bank of Canada Mark Carney, who was pushing for tighter bank regulations.
Blackrock’s Larry Fink is the only private equity tycoon to make this year’s list. Fink, whose company had an IPO earlier this year, has also been outspoken criticising politicians for short-term thinking.
Here’s the list. [via Forbes]
8. Ben Bernanke, Federal Reserve Chairman
12. Mario Draghi, European Central Bank
15. Zhou Xiaochuan, People’s Bank of China
18. Timothy Geithner, U.S. Secretary of Treasury
20. Warren Buffett, Berkshire Hathaway
33. Lou Jiwei, China Investment Corp
36. Masaaki Shirakawa, Bank of Japan
39. Christine Lagarde, International Monetary Fund
41. Jamie Dimon, JPMorgan Chase
43. Lloyd Blankfein, Goldman Sachs
49. Robert Zoellick, World Bank Group
52. Larry Fink, BlackRock
54. Bill Gross, Pimco
60. Masayoshi Son, Soft Bank