William Laurent

As the global chief investment officer of State Street Global Advisors, over the past year, Heinel guided an investment team of more than 600 professionals scattered across the globe.

Over the past year, Jane Fraser, Citi's first female CEO in the firm's history, completed a strategy refresh at the world's most global bank. Despite an implausibly volatile geopolitical environment, she steered Citi to robust first quarter 2022 earnings—returning $4 billion to shareholders, while commanding 200,000 employees globally, and serving millions of consumers and businesses across 95 countries.

Having run both businesses and client-relationship organizations, Emily Portney, chief financial officer of BNY Mellon, brings a well- rounded vision to her oversight of the firm's finance functions, which include tax, treasury, capital management and investor relations — where she regularly articulates and advocates the value of the franchise to the public.

Ida Liu became head of Citi's North American private bank in 2019 and then went on to beat her projections by 12% in 2020 despite the pandemic. That helped her get a promotion last year to global head, running 50 offices across the globe and overseeing more than $500 billion in client business.

Under the direction of the always visible Diane Offereins — who is often the "face of the company" — the total 2021 network volume of Discover rose to $504 billion, from $417 billion in 2020.

When State Street announced plans to acquire Brown Brothers Harriman Investor Services last year, it turned to a trusted executive to oversee the integration: Donna Milrod, who was leading both State Street's Global Asset Managers segment and the Global Clients division.

2021 was a year of transition for Julie Monaco, as her team expanded its strategic sovereign advisory business to address client vulnerabilities in food, energy, and security.

In June 2021, Nadine Chakar, the three-decades long industry veteran, was appointed to lead State Street Digital, a new business division. The division is designed to help institutional investors, regulators, and State Street itself successfully transition into a modern digital economy.

When Abigail Johnson, the chair and CEO of Fidelity Investments, was recently asked to advise those in the early stages of their career, she emphasized the core values that she and her firm have embraced for decades. "Don't doubt yourself. Keep at it. Stay looking ahead. Stay committed and stay true to yourself," she said.

Yie-Hsin Hung, one of the few female CEOs in the asset management industry, has made it a priority to address issues of global warming and social inequality at New York Life Investment Management.