Regulators dominate top list of Europe’s finance power players

Kasmira Jefford
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EUROPEAN Central Bank (ECB) president Mario Draghi has been ranked as the most important figure in European financial markets for a second year running, according to a list published today.

The table of the 100 most influential people in European financial markets, released today by Financial News, comes as Eurozone leaders put plans in place to give the ECB supervisory powers over its biggest banks, adding to Draghi’s responsibilities.

He leads a quartet of regulators to make it into the top 10 including Stefan Ingves, the chairman of the Basel Committee on Banking Supervision; Mervyn King, the Bank of England governor who is preparing for its new role overseeing UK financial institutions; and Michel Barnier, European commissioner for internal markets and services under whose watch a slew of new rules has come into effect.

For the first time since the survey was first published in 2005, a woman has broken into the male-dominated list of top 10 influential people. Elizabeth Corley, chief executive of Allianz Global Investors is ranked in sixth place, largely for the part she has played as a leading spokesperson for the asset management industry. Overall, the number of women on the FN100 has edged up to seven from the average in previous years of five.

Daniel Pinto, JP Morgan’s head of Europe the Middle East and Africa is the highest placed banker, in fourth place, followed by Goldman Sach’s co-chief executives Richard Gnodde and Michael Sherwood in fifth and eighth places respectively.