Lloyds of London announces first ever female boss will take over in January
Industry veteran Inga Beale will become CEO a first in the companys 325-year history
CNN takes a look at other financial trailblazers in world economy
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(CNN) From Wall Street to the City of London, the world of finance has long been marred by a gender imbalance in the coveted C-suite.
But Lloyds of London, the oldest insurance market in the world, took the sector by surprise when it named industry veteran Inga Beale as the next CEO the first ever female to take on the role in the organizations 325 year history.
On the heels of Lloyds historic appointment, CNN names some fellow female financial trailblazers also making an impact on the world economy.
Lloyds of London have announced the appointment of Inga Beale as chief executive the first female to hold the postition in the insurance markets 325-year history.
Courtesy Neal Houghton/Lloyds of London
When Inga Beale joins Lloyds of London this January, she will become the first ever female chief executive to lead the insurance market in its 325-year-old history.
With a slew of international experience built up over her 30-year career, she most recently served as group chief executive of Canopius, a privately held Lloyds insurer.
Beale also worked as the global chief underwriting officer at Zurich Insurance. Taking over from current CEO Richard Ward, she will be responsible for pushing through the tech modernization drive along with boosting growth in Latin America and Asia.
Sri Mulyani Indrawati
Since serving as Indonesias minister of finance and coordinating minister of economic affairs, Sri Mulyani Indrawati has moved to the international stage with a senior leadership role at the World Bank.
Joining in 2010, she became the managing director and chief operating officer for the prestigious international finance institution where her role involves providing financial capital to developing countries the World Banks ultimate goal of reducing world poverty.
As managing director of the International Monetary Fund, Christine Lagarde has become a force majeure in the world of global finance.
In 2007, she became the first woman in France to serve as minister of finance, economy and trade experience which seems to have proven invaluable since assuming the top job from Dominique Strauss-Kahn at the IMF in June 2011.
Upon Senate confirmation, Janet Yellen is poised to become the first female chair of the U.S. Federal Reserve when current head Ben Bernanke steps down in January.
She has extensive experience as a public servant she currently serves as Bernankes deputy in a role she has held for the last three years. Her longstanding career in academia has also put her in good stead to assume leadership of the central bank.
Ngozi Okonjo-Iweala has had an impressive career serving as Nigerias finance minister and then briefly Foreign Affairs Minister the first woman to hold either position.
A graduate of Harvard, she earned a Ph.D. in regional economics and development at MIT and then spent 21 years as a development economist at the World Bank working her way up to managing director.
As Nigerias current finance minister, she has continued to work to fight corruption, bring transparency to the nations finances and institute reforms to make the economy more attractive for foreign investment.