SBI's Arundhati Bhattacharya among Fortune's top 50 global leaders

SBI's Arundhati Bhattacharya among Fortune's top 50 global leaders

State Bank of India (SBI) Chairman Arundhati Bhattacharya has been ranked 26th in the Fortune magazine's World 50 Greatest Leaders list for 2017, only Indian to feature in the list this time.

The list features those who are “transforming the world and inspiring others to do the same.”

Fortune said Bhattacharya, being the first-ever woman to helm India’s largest bank, has "ably steered SBI through rough waters (ongoing battle with bad loans) and sudden storms (India’s surprise demonetisation scheme)."

"She’s been transformative, dragging the sprawling, 211-year-old institution into the digital era and overhauling HR for her 200,000+ employees. The complex six-bank merger she orchestrated last year will catapult SBI into the ranks of the world’s 50 largest banks,” the magazine said.

In the list, Bhattacharya ranks higher than South American music star Shakira, billionaire entrepreneur Elon Musk and Canadian Prime Minister Justin Trudeau.

The list is topped by Theo Epstein, president for baseball of Chicago Cubs, followed by Jack Ma, founder of Alibaba Group.

Also in the list are Melinda Gates, Pope Francis, Amazon’s Jeff Bezos, US Senator John McCain, German Chancellor Angela Merkel and Federal Reserve Chair Janet Yellen.