Ho Ching drops 25 places to 30th in Forbes' Most Powerful Woman 2010 list

Forbes.com, 7 Oct 2010
The wife of Singapore premier Lee Hsien Loong has served as CEO of Temasek, the country's $135 billion sovereign wealth fund, since 2004. The fund was first hit by losses following ill-fated investments in Merrill Lynch and Barclays, and then witnessed the departure of Charles Goodyear, who had been brought in to succeed Ho. Following Goodyear's departure, Temasek announced it was launching a new executive search, but in July of this year, Ho said she would be staying. This summer Temasek hired and promoted several high-level executives to support Ho, including Gregory Curl, a one-time candidate for the CEO job at Bank of America. Speculation continues as to whether Ho will remain CEO. Link